» Trusts

new born baby gripping parent's thumbs tightly

Is it time to Update Your Estate Plan?

Having an estate plan is a great way to ensure you and your loved ones are protected today and in the future. When creating an estate plan, we look at what is going on in your life at that time. But because life is full of changes, it is important to… Read More
Key in door lock, setting sun behind a house shaped keychain

What Happens to An Adult Child Living at Home When Their Parents Pass Away?

Today more young adult children are living at home with their parents than at any time since the 1940s. While there are many different opinions about this trend and the cause of its recent prevalence, the primary motivation for young adults staying a… Read More
Piggy bank in child's hands, inside parent's hands - protecting investments

What Can I Not Do as Trustmaker and Trustee of a Revocable Living Trust?

Wills and living trusts are two of the most fundamental estate planning documents. While both accomplish the same primary objective in an estate plan of directing the distributions of your money and property to your desired beneficiaries after you pa… Read More
special needs trust on clipboard

Who Should Be the Trustee of a Third-Party Special Needs Trust (SNT)?

Family members with special needs may require assistance throughout their lives. If you want to ensure that a loved one with a disability is taken care of after you are gone, you can help manage resources for them by using a third-party special needs… Read More
Power of Attorney, Living Will, and Health Care Power of Attorney documents on a desk

Five Essential Legal Documents You Need for Incapacity Planning

Comprehensive estate planning involves more than just planning for your legacy after your death, avoiding probate, and reducing taxes. Good estate planning also addresses incapacity and appoints people to make legal, financial, and medical decisions… Read More
wooden judge and movie sign on the desk background demonstrating will administration in movies

Will and Estate Administration Details that TV and Movies Get Wrong

While television and movies provide great entertainment, they are not always factual. Even shows based on real events are not entirely accurate. Creators of television programs and movies will often alter details of a story or situation to provide an… Read More
Piggy bank in child's hands, inside parent's hands - protecting investments

Don’t Let This Crucial Question Derail Your Estate Plan: Outright or in Trust?

Sitting down to create or update your estate plan can be overwhelming. Crucial to a successful plan is your ability to address two major questions: Who will get your stuff when you die, and how do you want those individuals or charities to receive th… Read More
Estate Planning Word Cloud

What Is the Difference Between a Probate and Trust Administration Attorney and an Estate Planning Attorney?

Estate planning attorneys and probate and trust administration attorneys play crucial but distinct roles in the legal processes involving legacy planning, asset distribution, and wealth preservation. Estate planning attorneys focus on creating a plan… Read More
Importance of Recording a Deed

What Happens to Real Estate With a Mortgage When I Die?

Your mortgage, like the rest of your debt, does not simply disappear when you die. If you leave your home that has an outstanding loan to a beneficiary in your will or trust, your beneficiary will inherit not only the property but also the outstandin… Read More
hand holding wooden puppet to illustrate control

My Spouse Died . . . and Now I Have My Own Survivor's Trust?

Many married couples share almost everything, including finances. This may be reflected in their estate plan by using one joint living trust instead of two separate trusts. Separate trusts can provide greater flexibility, but a joint trust can be str… Read More