As a result of inheritance in a blended family, there can be hurt feelings and inequitable distributions, which can lead to lengthy and costly court battles. While you cannot legislate from the grave, you can carefully prepare your estate plan,…
For estate planning, wills and trusts offer specific and quite different advantages. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should complement the…
A client asked us this interesting question: 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 to Tanzania to visit…
Protection of your children’s and grandchildren’s inheritance from creditors can be accomplished through estate planning. A simple way to achieve inheritance protection is through a trust. A trust can pass your wealth bypassing probate. This allows specific trust provisions to…