Setting up a trust is one of the most practical things you can do for the people you love. Because the assets in a trust are not subject to probate, you can use a trust to preserve more of your wealth for your beneficiaries.

Most people think that trusts are only for the wealthy, or perhaps for families with complicated relationships. And while trusts are very useful in these situations, in reality, they can benefit just about anybody. Every year, our clients use trusts to keep their estates out of probate and to ensure that their assets will be…

Every year, as the season of giving approaches, many people make donations to charitable causes. They participate in gift drives, support their local food banks, and renew their museum memberships. But for those who want to make an even bigger impact, funding a charitable trust is a great way to do it. How Do Charitable…

When most people think about funding a living trust, their focus is on big-ticket items like their home, investments, and savings accounts. Cars don’t always make the list. But should you include your vehicle in your trust? The answer really depends on the car, your situation, and what you want your estate plan to accomplish….

Creating a trust is a powerful way to protect your assets, avoid probate, and ensure a smooth transfer of wealth. But once you’ve named your beneficiaries, you may be wondering—should tell them? It’s a personal decision, but it’s worth considering carefully. Here’s what to keep in mind when deciding whether or not to inform someone…

If you’ve recently moved or you’re planning a move, reviewing your estate plan is a wise idea. Whether you’re moving for retirement, a job change, or just a fresh start, relocating to another state raises an important question: Should you move your trust to your new state, too? Let’s break down what happens to your…

In the estate planning world it can be easy to get confused. There are many available tools and advice on how to best use them. You may have heard your colleagues, friends, or family talk about how they’ve created an IRA inheritance trust to pass the remainder of the account to their grandchildren after they…

Yes, a trust can own an LLC. In fact, placing your LLC in a trust is often a smart move. When you put your LLC in a trust, you can combine the protections that both entities offer. For example, an LLC will keep your personal assets safe from lawsuits, and a trust will help you…

Oftentimes, the key to creating generational wealth lies in protecting the assets you pass down to your children and grandchildren. If you don’t want their inheritance to get squandered by an irresponsible spouse, or lost in an unexpected lawsuit, there are steps you can take. For instance, you could set up a lifetime asset protection…

Setting up a trust is often a crucial step in estate planning. Whether they are revocable or irrevocable, trusts are designed to ensure the smooth transfer of assets to their beneficiaries. But what happens when the trust instructions don’t seem to align with the grantor’s wishes? What if your grandfather made an amendment after a…