» Trusts

Two women family couple or girls friends lifting hand showing the keys of new home house apartment, buying or renting real estate property, mortgage loan at living room.

Buying a Home with Someone Other than a Spouse? Be Mindful.

Rising housing costs, the desire for companionship, and the need to share resources are increasingly leading buyers to consider co-owning a home with someone other than a spouse, such as a friend, relative, or significant other. Although this arrange… Read More
Same sex female couple discuss estate plan choices

Who Needs an Estate Plan?

If you are reading this, you need an estate plan. Why? The short answer is that everyone age 18 and older needs an estate plan. It does not matter whether you are old or young, have built up considerable wealth or are just entering adulthood—you ne… Read More
Estate Planning text on white paper on black folder with a lavender pen to take notes

The Trust Protection Myth: Your Revocable Trust Protects Against Lawsuits

Many people believe that once they set up a revocable living trust and change the ownership of their accounts and property from themselves as individuals to their trust, those accounts and property are protected from lawsuits. This is not true. While… Read More
Two minor children boys hugging their mother at home

Planning for the Unthinkable: Essential Tools for Parents of Minor Children

Approximately three-fourths of Americans do not have a basic will.[1] Many of the same people also have minor children, which underscores a major misunderstanding about estate plans: they can accomplish much more than just handling financial assets (… Read More
business woman with a skeptical expression is looking at a document that is being explained by a man sitting across from her

Beware of Trust Scams—and How to Spot Them

Trusts are widely used in estate planning to protect and transfer a person’s assets (money, accounts, property, etc.), sometimes in a tax-advantaged manner. Some trusts are highly complex, with multiple parties, intricate structures, specialized le… Read More
Categories: Trusts
Wedding couple in car decorated with plate JUST MARRIED and cans

Estate Plan Basics for Newlyweds: How to Prepare for the Unexpected

Getting married is a special time in your life; you may have a beautiful wedding, a fun reception (with a delicious cake and special gifts), and a romantic honeymoon. It is also the right time for you and your new spouse to plan for your future—for… Read More
Joint account (JTWROS) text in heart shape presented for active business education concept on paper slip background.

Why Joint Ownership (JTWROS) Should Not Necessarily Be the Go-To Plan for Newlyweds

If you recently married or have been married for a while and have acquired additional money or property (or plan to), you have options regarding how your assets can be owned. Although joint ownership seems easy and convenient, particularly when that… Read More
LGBTQIA Same-sex Couple Dancing

Estate Planning for the Newly Married

Now, when you are newly married, is the perfect time to start working on an estate plan. As newlyweds or those about to marry, you are likely in the process of deciding which of your accounts and property (your assets) to combine and how to turn two… Read More
Judge With Magnifying Glass Looking At Figurines of a Family to choose guaridan

Do It Now: Name a Guardian for Your Minor Children

We know it is difficult, even horrific, to imagine someone else raising your children. However, you must consider who you would choose to fill this important role. Otherwise, a judge—a stranger who does not know you or your wishes, your child, or y… Read More
residuary beneficiaries after debts paid shown by a gift box with cash inside

Pros and Cons of Naming Many Residuary Beneficiaries in a Will or Trust

You have meticulously created your estate plan to ensure that it includes and addresses all of your most important assets (accounts and property). You have reviewed your asset list repeatedly, and everything seems to be accounted for. But what if you… Read More