Limited Liability Companies (LLCs) and trusts are both helpful for asset protection. Asset protection can be a priority for many in their life and estate
A revocable trust must be funded to be effective. Follow through is important. Committing to an athletic training routine will improve your ability in a
Creditors may be able to make claims on revocable trusts. Many people believe trusts are a magical solution to their estate planning and financial fears.
Yes! A last will and testament and a revocable living trust are both effective estate planning tools. Estate planning does not look the same for
A pour-over will is used when a trust is in place. Many people think of estate planning as a binary decision – they need to
A testamentary trust can be created after you die. Some people really like the idea of using a trust in their estate planning. The control
Transfer on Death accounts and trusts can be useful for assets bypassing probate. Not all assets are treated the same in estate planning. Some assets
A successor trustee is responsible for the management of a trust. Although many individuals designate themselves as the trustee when they create a revocable living
Tax exemptions may be changing with new legislation. Although the actions and decisions of people impact other people, most choices have a minimal reach. This
A dynasty trust allows for generational wealth transfer. There are a variety of ways one can pass assets to their heirs. These include last wills
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