Living Trust

Your Guide to Declaring a Guardian for Your Kids in Case You Die

Your Guide to Declaring a Guardian for Your Kids in Case You Die

If you are a parent with minor children, one of the most important aspects of your estate plan will be your chosen guardian for your children. This decision is not one to make lightly, and you also need to ensure it is legally set up so that the chosen person gets custody of your children…

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Can I use a will or trust for my disabled child?

Can I Use a Will or Trust for My Disabled Child?

If you have a disabled child, it is only natural to be concerned about the child’s future needs. Fortunately, it is possible to use a will and/or trust to provide for your disabled child in the event of your death. The Importance of Estate Planning Estate planning is an essential consideration for any family, but…

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Which is Better? Power of Attorney or Guardianship?

Which is Better, Power of Attorney or Guardianship?

When you have a loved one who needs assistance making financial or medical decisions, you may find yourself wondering whether it is better to obtain a power of attorney or to seek a guardianship to help assist them with these matters. Which one will provide you with the best chance to take care of their…

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How Important is a Living Will in a COVID19 Emergency?

How Important is a Living Will in a COVID19 Emergency?

The COVID-19 pandemic has completely changed the world as we know it. This virus has already claimed the lives of over 50,000 Americans, and unfortunately, it doesn’t look like the threat is going away any time soon.  No one ever wants to think about what would happen if we were to become so critically ill that…

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12 Months of Estate Planning: A Plan to Get Your Estate Plan Set up in 2020

12 Months of Estate Planning: A Plan to Get Your Estate Plan Set up in 2020

Estate planning can be one of the most important things you do for your family’s future, but it can also be overwhelming. Between heavy subjects you don’t want to think about, the need to do a lot of paperwork, and everything else going on in your life, it can be too easy to keep putting…

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Disinheriting a Child and Other Considerations of a Last Will and Testament

Disinheriting a Child and Other Considerations of a Last Will and Testament

Leaving your children out of your will is not a decision that is taken lightly. But sometimes there are considerations that you need to make that make it the more prudent decision to leave them out of your will. If you decide to disinherit children, it is something you should do as soon as you…

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Revocable Trust or Irrevocable Trust: Which One Do You Need?

No matter what happens throughout your life, you are going to leave behind assets for someone when you die. You should always leave behind a legal document to guide how to distribute those assets. Another thing you should do to protect your assets is to put your assets into a trust. Knowing which trust to…

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Who Will Help You Take Care of Your Estate If You Become Incapacitated?

You have provided for and protected your family for many years. However, when your children grow into adulthood, you will still have a legacy to protect. You will want to make sure that your estate remains a testament to your dedication and hard work and serves the needs of those you leave behind. But what…

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Living Trusts vs Wills: What is the Difference And What is Best for You?

You have worked hard to secure your future and those of the people you love. You want to control what happens to your assets after you die. There are several approaches to making sure your assets are dispersed consistently with your requests. Maybe you have heard of these two legal instruments, but no one ever…

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Top Three Advantages of a Living Trust

We cannot avoid death, but we CAN plan for it.  That said, only 60% of Americans have made a will or living trust to help those they leave behind. When it is time to complete your estate planning, give strong consideration to creating a living trust.  A living trust provides for distribution of your assets according to your…

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