Oct 23, 2023 | Estate Planning, Trust, Updates
To make sure your trust works for you, avoid these funding fiascos and work with an attorney who will ensure that everything gets into your trust. Forgetting to Update Your Account Beneficiaries Many people mistakenly believe that a will or trust alone is enough to...
Oct 16, 2023 | Estate Planning, Trust
Enacted in 2020 and set to take effect on January 1, 2024, this act aims to tackle money laundering and terrorism financing schemes involving “shell” corporations—companies that exist merely on paper and don’t engage in actual business or trade (like...
Sep 5, 2023 | Estate Planning, Pets, Trust, Wills
Because you can’t leave money to your pet directly, your first thought might be to leave your pet and money for its care to someone you trust through your will instead. While this is an option, it’s not guaranteed to work. That’s because the person you name as the...
Aug 28, 2023 | Estate Planning, Trust, Wills
Here are the three biggest mistakes we see when reviewing DIY and low-cost estate plans. Leaving Assets Outright to Loved Ones One of the simplest mistakes you can make in estate planning is distributing your assets directly to your beneficiaries upon your death. This...
Aug 21, 2023 | Estate Planning, Trust, Wills
Here are five questions to ensure you don’t end up paying for legal services you don’t need, expect, or want. Once you know exactly what you should be looking for when choosing an estate planning lawyer, you’ll be much better positioned to hire an attorney that will...
Jul 24, 2023 | Children, Estate Planning, Trust
The day your child turns 18, he or she becomes an adult and has the legal rights of an adult. This means that you lose your prior held rights to make medical and financial decisions for your child unless your child executes legal documents giving you those rights...
