Estate planning is an important aspect of financial planning for the future. Life changes, and sometimes quickly, so it is vital not to neglect revisiting or revising your estate plan. While it is recommended to update your estate plan every few years, some major life...
If you are considering legal options to protect an individual in your life who cannot take care of themselves on their own or manage their finances, understanding the difference between a trust and conservatorship is crucial. An estate planning attorney can help you...
Trust or estate administration may involve many different special assets beyond just the distribution of real estate and financial accounts. These special assets, including rare coins, should be handled carefully throughout the trust or estate administration process....
Family trusts can be a handy estate planning tool. A family trust is one specific type of trust that families may use to preserve their financial legacy for many years down the road. This type of trust may be beneficial for you, even if you do not have a large estate....
A living trust can be a useful tool for estate planning. This type of trust is one that you create while you are alive. You can choose one or more beneficiaries to the trust, and they will receive the trust property when you die. Before you can decide if a living...
When it comes to estate planning in the state of California, creating a living trust may be in your best interest. In most cases, a living trust allows your estate to avoid having to pass through probate. Using this form of estate planning can also benefit you and...
There are different types of trusts that you can create that serve different purposes. One type of trust that is useful under certain circumstances is a special needs trust. A special needs trust is a trust that allows a disabled person to benefit from it, while still...
Estate planning can be a complicated process, but it is well worth it to have the peace of mind of knowing that your assets will be distributed according to your wishes after you pass. There are many different forms of estate plans you can use, and your individual...
When it comes to estate planning, some people are hesitant to get started because they are not sure where to begin. One concern many people have is whether or not they should create a trust; and if so, what type of trust they should create. There two main types of...
A trust is one of the many forms of estate planning available. Many estate plans can benefit from including a trust. There are two main types of trusts to choose from. These options include a revocable trust, which can be modified, and an irrevocable trust, which...