What Is a Perpetual Trust
People use a variety of instruments in their estate plans to achieve their goals. Each instrument has a different purpose and helps to hit your target in unique ways. For example, a healthcare directive can provide instructions to your medical care team about what types of measures you want taken in case you are incapacitated. […]Read More
Revocable or Irrevocable Trust?
Estate planning is a crucial step to make sure that you can achieve your goals. With an estate plan, you can dictate who receives your assets when you die, transfer complicated assets such as family cabins with a minimum of fuss, and even make provision for your grandchildren’s college education. There are a wide variety […]Read More
Should I Create a Revocable Trust?
Every estate plan is unique, as the needs and goals of every individual will be different. While most people think of the estate plan in terms of a last will and testament. While a last will and testament is a cornerstone of a solid estate plan, other documents may also be essential to help achieve […]Read More
Pros and Cons of a Revocable Trust
Estate plans are as variable and different as the individuals who create them. Each person will have his or her own goals in mind when crafting the estate plan, and this will mean that every estate plan must be individually crafted. Trusts are a common element in many different types of estate plans, and there […]Read More
What is a Revocable Trust?
There are many important steps to take when planning your future, including estate planning. Most people know that it is important to draft a will and a health care directive, but many will overlook other useful estate planning tools, such as trusts. There is a misconception that only wealthy people should make a trust, but […]Read More