trusts

There have been a number of famous people pass away lately, and each one has left a story to tell about how they chose to handle their estate. A few months ago, for example, we discussed how famed singer Aretha Franklin neglected to engage in estate planning, thereby...

While most people think of estate planning as a major endeavor, and it is to a certain extent; however, it is not a goal that is obtained and then forgotten about. Instead, estate planning should be something that an individual engages in on an ongoing basis. Failing...

Last week on the blog we discussed how a special needs trust can be utilized as a way to better ensure that an individual qualifies or continues to qualify for certain government benefits like Medicaid. The special needs trust is a highly specialized type of trust...

Most people who think of estate planning think about the process where a plan is devised to distribute assets to loved ones upon that individual's death. Of course, this makes up a significant portion of estate planning, but it doesn't account for all of it. Powers of...

One of the great things about estate planning is that it is a customizable process. Depending on your needs and the way in which you want your assets distributed upon your death, you can tailor your estate plan accordingly. While this is a relief to many, it can also...

Estate planning is important for a variety of reasons. Amongst those reasons are the protection of an estate's assets. Although a will may be able to help delineate how property is to be distributed upon one's death, the document itself, if improperly drafted can be...

When it comes to estate planning, you have a variety of legal tools at your disposal. You can create a will that spells out how your assets will be distributed upon your death, but you can also create a number of trusts to help both protect your estate and ensure that...

There are a variety of tools at one's disposal when it comes to formulating a solid estate plan. In order to ensure that an estate plan is tailored to an individual's unique needs and wishes, they must become familiar with all options available to them and decide...

Whether you are just starting to create your estate plan or you already have one in place, it is important to remember to continue to maintain it over time. The new federal tax laws may also have an effect on your wills, trusts and other accounts, particularly if your...

When you create a trust in Sun City, you are essentially putting some of your most valuable assets in an account for future distribution. That is why it is so important to make sure that the trustee you assign to manage your trust is reliable and able to effectively...