Trusts offer numerous advantages compared to will. They offer you more control over your assets and help your loved ones avoid probate. They even offer enhanced privacy protection. A will, on the other hand, puts your assets through the expensive and lengthy probate process. Since...
Holidays are a time for joy, laughter, pretty lights, great decorations, and delicious food. We gather with friends and family, we connect with past acquaintances, we enjoy festivities and special events. And in the middle of all the activities that go along with holiday seasons,...
Probate is the legal process of transferring the ownership of a deceased person’s property to their heirs, and it can take a long time to complete. There are many types of assets that are automatically subject to probate, unless you place them in a trust....
The death of a loved one is a challenging time. Unfamiliar legal terms, documents, and processes can make this time even more overwhelming. If you've received a notice of probate of will, or have to send them out as the executor, you may be wondering...
Over the 4th of July weekend, I came home from a trip to one of my favorite places on earth: Alpine, Arizona. This is where my family has had a cabin since I was 5 years old. The cabin itself doesn’t amount to much, but...
Did you know, children of baby boomers are due to inherit more wealth than ever before? It has been estimated baby boomers will inherit $12 trillion from their parents, and they will leave an additional $30 trillion to their own children over the next 30 to 40...
A living trust keeps your assets out of probate and provides numerous other benefits as well. However, it’s important to understand the limitations of a living trust if you want to ensure that your assets are properly protected. If you’re concerned about the possibility of getting...
If you have grandchildren, you can use a generation-skipping trust to pass some of your assets directly to them. This way, you can leave an inheritance for your grandchildren without burdening their parents’ estates. And not only do generation-skipping trusts avoid probate, they also keep...
Estate planning is crucial for everyone, no matter how wealthy they are. But it’s especially important for veterans and active military members. Being in the military earns you unique government benefits that need protection. A sound estate plan that includes a trust, a will, advance directives,...
When you inherit a house, there are a number of important steps you should take to protect your interests. Inheriting a house after a loved one passes away can be a complex and emotional experience. We hope this guide will help you through the process,...