The death of iconic celebrities can sometimes impact us deeply because it reminds us of our shared humanity. With celebrities passing, we realize that death is an equalizer. It also reminds us of the importance of estate planning to protect a person’s money and property. Estate planning is not reserved for those with large amounts […]
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?
Have you started thinking about building your estate plan? If so, you might feel a bit overwhelmed. Preparing an effective estate plan involves a comprehensive analysis of your family and financial situation. You will also be introduced to a host of legal terms you might not be familiar with, such as “trust,” “power of attorney,” […]
