Often times, people think trusts are only for the wealthy. In reality, creating a trust benefits anyone who plans to pass assets down to their heirs. Here's what you need to know about creating a trust and how a trust can benefit you. Why create a...
Similar to estate planning, legacy planning involves preparing for the future. However, unlike estate planning, which involves creating documents for the distribution of wealth and protection against the unforeseen, legacy planning is often only used to distribute assets. While legacy planning is ultimately about passing...
When it comes to estate planning, it's important to make sure your documents are designed to fit your needs. Different legal documents have different purposes, as discussed in an earlier blog post. However, the purposes of some documents do overlap, such as a revocable living...
When it comes to estate planning, it's important to cover all the bases. Creating these four estate planning documents is a solid start. However, people with privacy concerns should take an extra step and create a revocable living trust. Read on to discover what a...