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Some Helpful Advice on Choosing a Successor Trustee

When you create Revocable Living Trusts, you must choose someone trustworthy to assume the role of a Successor Trustee – the person who manages a Trust and its assets after you die or are...

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Best practices for establishing an appropriate trust

When people are contemplating how they would like their savings and property to be distributed after their death, they often think about whether a trust will assist their family members in avoiding a...

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Preparing for the death of a loved one

Due to the unpleasant subject matter of death, people often neglect to financially prepare for the loss of a spouse, family member or loved one. It is wise for couples to plan for the worst so that in...

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When a beneficiary inherits toxic property

There are several problems that can arise when you discover that your property is contaminated. It may be contaminated because at one time it was the site of an auto repair shop, and was polluted with...

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The benefits and risks associated with a beneficiary defective inheritor’s...

An unusual estate planning vehicle that has the potential to convert thousands of dollars into millions is the beneficiary defective inheritor’s trust (BDIT). The trust is intended to operate...

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The advantages of using a trust protector

When establishing a revocable trust, it is advisable to designate a trust protector to supervise the administration of the trust upon your death. If there is more than one trustee, there is the...

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Are Living Trusts Necessary?

It’s common these days for us to get some push back from clients whenever we recommend Revocable Living Trusts (RLT). The resistance stems from the perception that many people have that RLTs are only...

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The advantages of establishing a quiet trust

Many families are concerned about transferring wealth to their children because they feel the children are unprepared to manage their inheritance. In fact, just one-third of affluent parents have...

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Picking the Right Successor Trustee

Few people take the time to arrange in advance for someone else to handle their financial issues when they can no longer fully care for themselves. It’s an easy decision to put off, partly because it’s...

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Living Trusts Provide Protection for Potential Incapacity

A Living Trust is a powerful tool can help your estate avoid probate court (saving time, money and anguish) and how it can provide divorce protection for your children. Another way a Living Trust can...

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