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Wills And Trusts: Differences and Similarities

For estate planning, trusts, and wills offer different benefits. Each state has its own laws and regulations regarding these legal documents. It is possible to have both a will and a trust; however, the information in each should complement the…

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Estate Planning for Blended Families

Blended families can struggle with inheritance issues and inequitable distribution of assets, and it can cause lengthy and expensive court battles on both a dollar and family unity scale. The fact that you cannot legislate from the grave does not…

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Mortgages or Elephants? Elephants It Is

Here’s a question we got from a client a while ago: After my brother died, he left money in a revocable trust for my children – but they could only get that money if they spent it on a trip…

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Beneficiary Designations Pitfalls to be Aware of

Leaving your property to your heirs sounds simple enough. You make a will or a trust, you do a transfer-on-death deed for your real estate, you put your kids on your bank account, you designate beneficiaries for your life insurance…

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