Category: Wills & Trusts

An irrevocable trust can come with many benefits. Its primary characteristic is the fact that the creator of the trust cannot amend the terms of the trust nor can the creator spend trust funds for anyone other than trust beneficiaries unless the terms of the trust permit it. In certain instances, the trust...

A trust can be a valuable estate planning tool for a number of reasons. For instance, a trust can provide a safe place for valuable assets to be held for an extended period of time with the intent to eventually leave them to a loved one. With this, a person can protect...

When thinking about estate planning, you need to consider the unique position and circumstances of your family and loved ones. For instance, do you have a loved one with special needs? You may, of course, want to provide financial support for them. While the intention behind this is great, giving financial gifts or...

When you think of estate planning, most people will think of a Last Will and Testament, or simply, a “will.” A will can be an important part of your estate plan. It has the ability to go far beyond detailing what property you want distributed to which beneficiaries. When you are creating your will,...

A Last Will and Testament can be used for a number of important things. Most people are aware that a will can instruct who you will leave your property to after you pass away and who will be in charge of administering your estate. A will can do much more, though. A will allows...