Trusts

Managing your wealth can sometimes feel complicated, especially when you want to protect it from unexpected events like a divorce. Some individuals consider transferring assets to a parent’s name as a way to shield property or investments. At first, this might seem...

Is your estate protected from debt collectors, taxes and legal disputes? One of the best ways to protect your estate and help ensure that your assets are distributed to your family and loved ones the way you intend is by incorporating a trust into your plan. A trust...

People who run successful professional practices or small businesses have more reason than most people to draft estate plans. They need to take appropriate steps to protect not just their loved ones but also the businesses that they created. Those concerned about the...

Creating your estate plan may involve more than just specifying which family members will get which assets. This is also a chance to build a lasting legacy and support the causes you believe in. You can add a charitable trust to your estate plan. This enables you to...

Life insurance protects what matters most, but did you know it can also be a strategic tool for preserving your legacy? An irrevocable life insurance trust (ILIT) offers a powerful way to safeguard your assets, minimize tax burdens and create a lasting financial...

Creating an estate plan requires you to think about a variety of topics, including who will receive which assets when you pass away. There are multiple options to make this possible, so you have to choose which one is best for your circumstances.  One option is to...

There are many different types of trusts you can create as part of your estate plan, depending on the goals that you want to accomplish. You can set up a special needs trust to protect someone’s access to government benefits, for example, or a spendthrift trust if you...

Many people choose to include a living trust in their estate plan to help keep their assets out of the often slow probate process, while still retaining the flexibility to access those assets should they need to. For a living trust to be effective, you need to ensure...

A spendthrift trust does what it says on the tin. It is a trust to help people be careful with how they spend the money they inherit, but how does it do this and why might it be needed? The trust acts as a layer of protection. Putting money or other assets into a...

Estate planning doesn’t have to focus solely on what happens to your assets once you die. In fact, if you have significant assets, your estate plans should also include strategies to minimize potential financial drains – including excessive taxation.  This is where a...