Living trusts have many advantages. Yet, many people inadvertently render them pointless by forgetting to fund them. What are the advantages of a living trust? Living trusts are also known as a revocable trust because you retain the right to make changes or revoke the...
Focused And Personalized Attention Concerning Your Estate Planning Needs
Month: May 2020
3 ways to help your children manage an inheritance
Many wealthy people give most of their fortune away to avoid the chance that it harms their children. However much you leave your children, you need to prepare them for it. Not everyone knows how to handle a significant inheritance Think back to when you were 20 years...
What to do with family heirlooms when you die
When making your estate plan, one of the things you might forget to include is family heirlooms. Whether these have considerable financial value or purely sentimental value, making plans is vital. Your family may not value things in the same way you do Tastes change...
Questions to answer when creating a health care power of attorney
As you age, there's a chance that you may not be able to make health care decisions on your own. The same holds true if you suffer a serious injury or are struck down by an illness. And for this reason, it's imperative that you plan for the worst, while always hoping...