Mar 27, 2020 | Estate Planning
Familial tragedies often spur people to reach out to my office to begin the estate planning process. A common situation that prompts a new client to seek my services is the death of a family member who had not properly planned for asset distribution. The...
Oct 31, 2019 | Estate Planning
Estate planning is not limited to people with a large amount of assets. It is not in any way, shape, or form exclusive to wealthy individuals or wealthy families. Estate planning is a means of creating a strategy to distribute your assets after your death to ensure...
Oct 31, 2019 | Estate Planning
Funding a trust simply means taking assets that are titled in your name, and transferring them to your trust. By way of an example, if you have a car, you have a title. The car is titled in your name. If you were to put that car into a trust, you would go to the DMV...
Oct 31, 2019 | Estate Planning
A Trust has three major components. The first is the detailed instruction about the administration of the Trust itself. This answers questions such as, what do you want to happen? Who do you want the beneficiaries to be? How do you want it to be serviced? These...
Oct 31, 2019 | Estate Planning
A Trust is a fiduciary relationship between parties, and it allows a Trustee to hold assets on behalf of a beneficiary of those assets. Specifically, a Trust can be created to direct how your assets are utilized and how they pass to the beneficiary. Normally, Trusts...
