If you don’t take care of things now (Estate Planning), it may cause a lot of turmoil in your family later. It may cost your family not only money, but it could also jeopardize family relationships. The sad thing is it is so easy to avoid these prob…
Question: Can multiple items be placed into one trust or should a Trust be created for each item? Answer: You can create multiple trusts. However, usually one trust holds all of a person’s or couple’s items. The trust owns all of your assets (those that require a signature to dispose of), so that the items […]
Question: Can multiple items be placed into one trust or should a Trust be created for each item? Answer: You can create multiple trusts. However, usually one trust holds all of a person’s or couple’s items. The trust owns all of your assets (those that require a
Many parents put a child’s name on their property in an effort to avoid probate. They figure that the property will go directly to the child when they die. Legally it works, but it can often cause problems. I always tell my clients to avoid this, …