Many individuals make a last will and testament as part of an estate plan, assuming it’s sufficient to just name beneficiaries. It is in a lot of situations that include someone dividing their assets between a spouse and children, but there are often more complex situations. If you have a long list of people you […]

Trusts are a common estate planning tool. Most people use trusts to have more control over the transfer of their wealth and assets and to avoid probate. When it comes to trusts, there are several different types. One common type is the discretionary trust. How a discretionary trust differs from other trusts is that it

There are two people primarily responsible for handling a last will and testament. The first is the person who writes the will, and the other is the executor, who is responsible for managing the estate that the person left behind following his or her death. Technically, “executing” a will is the responsibility of the person

It is so important to keep learning every day. As we age, the brain changes and our mental functions change along with it. There are a lot of ways to help maintain our brain function. Learning new things helps our minds stay young. Some of the best ways to get mental stimulation include reading, taking

Lawsuits can be devastating. Unfortunately, for many professionals, lawsuits are common. If you are worried about a lawsuit against you or your beneficiaries then you may benefit from knowing that there are ways to protect your assets. Here is what you need to know about asset protection. Who Needs Asset Protection? Most people may be

You may be considering establishing a trust as part of your estate planning, or maybe you already have one and are familiar with how they work. But are you familiar with all types of trusts, especially if you want to use one to purchase land? When working with an estate planning attorney, if you have