The word “trust” gets used quite broadly, creating potential confusion. While a “living trust” is a widely discussed instrument for estate planning, it’s crucial to understand that not every trust is a living trust. Below our <insert city> estate planning lawyers break down the key distinctions. What is a Trust? Simply put, a trust is […]
Whether you’re a single senior who lives alone or one who lives with a partner, establishing a new estate plan or modifying an existing one is essential. You might wish to leave assets to your partner that they could not get through intestate succession, or maybe you have children you want to leave your assets […]
Trust A trust is a document that can accomplish many things. It keeps your family out of probate, maintains their privacy, can protect your assets, and allows you to maintain control over the assets for many years. Last Will and Testament A list of final gifts and instructions. Unlike a trust, a Will must go […]
Irrevocable trusts shouldn’t be left to languish as the years go by. In this issue, we’ll show you why and how an old or out-of-date irrevocable trust can be modified to benefit you, your clients, their spouses, or other beneficiaries. And, of course, it’s all totally legal. How Trust Modifications Benefit Your Book of Business […]