An irrevocable trust can be a powerful tool for protecting assets, reducing estate taxes and helping ensure a smooth transfer of wealth. However, it’s not something to rush into. Unlike a revocable trust, which allows you to make changes, an irrevocable trust locks in...
For many, family is the most important asset you can have, and ensuring their well-being is a top priority. You want to make sure that even after you’re gone, they're cared for and supported in the way you intended. Without a plan in place, important decisions could...
You’ve spent a lifetime building a legacy, and now it’s time to create an estate plan that reflects your wishes for the future. It's more than just the paperwork and legal formalities. It’s also about peace of mind. You do not want to leave your loved ones guessing or...
Many people procrastinate estate planning, saying they don’t want to do it too soon. For instance, they may want to draft a power of attorney so that another person can make healthcare decisions for them if necessary. However, they hesitate to do it while they are...
When facing a terminal illness, estate planning becomes an essential task to ensure your wishes are honored and your loved ones are cared for. While a difficult topic, addressing your estate plan can bring peace of mind and clarity during an uncertain time. Here are...
Estate planning is all about looking after your loved ones once you are gone. Ideally, you want a well-written plan that takes care of all of your wishes. You can use a will, trusts and other estate planning documents to do this. Failing to do this can result in...
Probate can be an incredibly difficult process in and of itself. The presence of digital assets, such as cryptocurrency or valuable media, in your loved one’s estate can introduce even more complexities. Nevertheless, it is not something that proper preparation and...
Losing a loved one is never easy, and sorting out their affairs can feel like an overwhelming responsibility -- especially if you are unsure about whether they left behind a will. It can help provide clarity and guide you through the next steps of handling their...
Estate planning significantly involves making deliberate choices about who gets what. What about those you would rather not include in your will? While it may seem harsh, there are legitimate reasons why someone might choose to disinherit a family member....
Probate can be a long, expensive ordeal for your loved ones at a time when they are grieving. Creating a revocable living trust can make things easier for them. A revocable living trust has several advantages, one of which is that your estate won’t be subject to...