In early 2020, married actors Tom Hanks and Rita Wilson became honorary citizens of Greece. The president of Greece bestowed this honor upon them due in large part to their humanitarian work in the country after a deadly wildfire swept through Athens in 2018. Hanks and Wilson spend considerable time in Greece as it is […]
Misconceptions about who needs an estate plan abound. Most people believe that estate planning is only for extremely wealthy business moguls or celebrities. But that could not be further from the truth. Estate planning is the process of making decisions about what happens to you, your money, and your property when you pass away or […]
The two primary estate planning documents used to transfer your property after you pass away are the Will and the Trust. A will transfers property to beneficiaries after the will is presented to a probate court, and wills typically make outright distributions of property to your beneficiaries. A trust transfers property to your beneficiaries without […]
When you begin setting up your estate plan, it’s often beneficial for you to also set up a trust. The problem is, which trust to use – a testamentary trust or a living trust?
