Yes, we believe it’s always advisable to seek legal assistance when funding a trust, especially when you’re dealing with the nuances of what type of trust you want, what type of assets you want placed in the trust, determining the list of assets, understanding the...
Absolutely, you can add assets to a trust at any time. This can be done by titling the asset from your name into the trust name. The only consideration is to make sure that you’re not titling assets in a trust name that are better left to just changing a beneficiary...
There are several important advantages that come from avoiding the probate process. First, time. If you are the owner of a small business that you intend to pass along to a family member, this can be especially important. Probate puts everything in a state of limbo,...
Nobody likes thinking about what will happen after they’re gone. Estate planning is essential, though, especially if you want to make sure your loved ones are adequately cared for after you’ve passed away. Even though most people agree that estate planning...
63% of American adults do not have a complete living will directive for their end of life care. Unfortunately, the circumstances that make a living will necessary are not only confined to the older generation. This makes it important for every adult, to think about,...
A recent survey revealed that 78% of millennials (ages 18-36,) and 64% of Gen X-ers (ages 37-52,) do not have a will. By contrast, 81% of those ages 72 or older, and 58% of baby boomers (ages 53-71,) do have a document in place to ensure proper distribution of funds...
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