Having a well-crafted plan in place is a vital component of ensuring your assets are distributed according to your wishes and your loved ones are protected. However, simply having an estate plan isn’t enough; it’s equally crucial to fund it properly. What Is Estate Plan Funding? Estate plan funding is the process of transferring assets […]
Trusts
Protecting Your Legacy on the Go
Business travelers often find themselves navigating the complexities of estate planning with an added layer of challenge—frequent trips away from home. If you already have an estate plan in place, kudos on taking this important step. However, to maintain its effectiveness, it’s crucial to consider the unique circumstances of frequent travel. In this blog, we’ll […]
Preparing for Year-End
As the year is quickly coming to a close, it’s a perfect time to conduct a year-end review of your estate planning documents and strategies. Estate planning ensures that your assets are protected, your loved ones are cared for, and your legacy is secure. Here are the essential steps to prepare for the end of […]
Labor for Your Legacy
In the spirit of Labor Day, we take a moment to honor the tireless efforts, dedication, and sacrifices made by workers everywhere. Labor Day isn’t just about barbecues and parades; it’s a recognition of the grind, the sweat, and the perseverance that’s intrinsic to creating and upholding our society. Similarly, estate planning isn’t merely about […]
Revocable Trust: How to Get More FDIC Coverage
When I first started practicing law, one would be hard pressed to believe that a bank would fail. It’s been a long time since the failures of the Great Depression that led to the creation of the FDIC (Federal Deposit Insurance Corporation) and with each passing generation the memory and fear of banks going belly […]
Making the Right Choice for Your Estate
When it comes to estate planning, creating a trust can be an excellent way to safeguard your assets and ensure they are distributed according to your wishes. Trusts offer flexibility and control, allowing you to protect your wealth and provide for your loved ones even after you’re gone. Before diving into the world of trusts, […]
Extra Layer of Protection to Your Trust
Trusts have long been recognized as powerful tools for managing and protecting assets, ensuring their seamless transfer across generations. They provide a robust framework that allows individuals to safeguard their wealth and exercise control over its distribution. While trusts offer numerous benefits, some individuals may desire an additional layer of protection and oversight. Enter the […]
7 Ways to Know Your Assets Are Protected
Protecting your assets is an essential part of financial planning, whether you are just starting out or are already established. Your assets are what you have worked hard for, and you want to make sure that they are secure and protected. Here are some tips for protecting your assets: Protecting your assets requires planning, diligence, […]
Right of Occupancy Trust
Estate planning is about protecting you and your loved ones. Sometimes this can be a difficult endeavor when there is a loved one who may require additional support at your death. While you may want to give as much as possible to this individual, you may not want to do so at the expense of […]