Everyone wants to make sure that the next generation can carry on their legacy. With a lifetime spent building wealth and acquiring assets, it's only natural to want to leave it all to someone that you care for. There is a mechanism in place that lets you pass things on to the next generation in a … [Read more...] about Accessing Assets Put in Trust
Best Times to Update Estate Plans
If you already have estate plans, then you are a step ahead of most people. Making plans for your estate ahead of time, especially if you have a large estate, is a smart choice. While it is never too early to make plans, you may need to update those plans if you have a long stretch of time after you … [Read more...] about Best Times to Update Estate Plans
Who Should Have a Copy of Your Will
Once you have made your will, you want to ensure a copy of your will gets to those people who will need it. After you have passed, your will will be need to be executed - meaning the instructions you outlined for distribution of assets and final instructions will need to carried out. This raises … [Read more...] about Who Should Have a Copy of Your Will
Estate Plan Things You Need Just In Case
Estate planning is an important part of preparing for the inevitable by leaving assets to your heirs. But there are estate plan things you need just in case something bad happens. For example, if you get in a car crash, fall while skiing and suffer a Traumatic Brain Injury or are put into a coma … [Read more...] about Estate Plan Things You Need Just In Case
What is a Charitable Remainder Trust?
A charitable remainder trust is an estate planning tool that can provide both financial and tax benefits to you. It allows you to transfer assets from your estate into a trust, which will then be used to benefit a charity or charities of your choosing while also allowing you to receive regular … [Read more...] about What is a Charitable Remainder Trust?
