AB Law Blog
Will Your Estate Plan Work When Your Family Needs It?
Outside of not creating any plan, one of the most common planning mistakes we encounter is when we get called by the loved ones of someone who has become incapacitated or died with a plan that no longer works. Yet by that point, it’s too late, and the loved ones left behind are forced to deal with the aftermath…
4 Essential Asset Protection Strategies for Entrepreneurs – Part 2
Last week in part one, we discussed different strategies entrepreneurs can use to protect their business and personal assets. Here, we’ll look at two final ways entrepreneurs can achieve asset protection…
Before You Agree to Be a Trustee, Read This!
Serving as a trustee entails a broad array of duties, and you’re both ethically and legally required to execute those duties or face potential liability. Your responsibility as a trustee will vary greatly depending on the size of the estate, the type of assets covered by the trust, the type of trust, how many beneficiaries there are, and the document’s terms. In light of this, you should carefully review the specifics of the trust you would be managing before deciding to serve…
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