You may think that a trust is only for the rich and famous. The fact is, you don’t have to have a whole lot of wealth to consider a trust. Trusts can provide many things that a regular will or estate planning may not be able to cover. Here are two reasons you may want [...]
Having a trust may seem like a good idea for you to have a say on how your assets are going to be distributed after death. However, in some cases, having a trust may not be the best of ideas. Here are some reasons why you may want to have a will and go through [...]
Having loved ones and dependents who are disabled can weigh heavily on you as you get older. You want to make sure that your loved one is provided for after you are gone. Problems can arise however if your loved one is receiving state benefits like Supplemental Social Security. Too large of an inheritance can [...]
Estate planning is something that can be hard to think about. Once you have done it, it can be tempting to just let the plan ride and not think about it again. As time passes though, things in your situation might change that will require you to update your plan. Here are some questions you [...]
A trust and a will are two legal documents that no estate plan should be without, yet they serve entirely different functions. Both documents work together to ensure your wishes are fully carried out after you die. A will becomes effective immediately upon your death, whereas a trust goes into effect at the time it [...]