Asset protection via a trust can be an important part of estate planning. It can keep your property out of the reach of someone who may attempt to sue you. You may face a lawsuit for virtually any reason. You may be sued for negligence after becoming involved in an...
Do I need a probate attorney?
Month: May 2020
10,000 Baby Boomers turn 65 every day
The Baby Boomers are hitting retirement age at an even greater rate than many people realize. Did you know that every single day over 10,000 people from this generation turn 65 years of age? That's an average, of course, but it still shows just how quickly they're...
Why a trustee needs receipts and records for everything they do
For someone planning their estate, a trust is a useful tool that can give them increased control and reduce the risk of probate, contention among their family members and other issues during estate administration. Trusts can come in many shapes and sizes, and their...
How does a joint will work?
Have you always assumed that you and your spouse need separate wills? You make all of your financial decisions together now, but you understand that one of you is most likely going to pass away before the other. You believe this means you both need a will so that the...
Top reasons to tell the children what they’ll inherit in advance
Is an inheritance really something that you want to be a surprise? Many parents make it one. They never tell the children what they're going to get and they only find out when they read the will.This approach can lead to a lot of issues. You may want to consider...
Should your estate plan contain digital assets?
Estate planning typically starts with physical assets, and people often begin with the biggest ones (the house) and work their way down. They may also make plans for financial assets that, while they don't hold them in a tangible form, they still control. This could...
