Deciding whether one should set up a will or a trust for particular estate planning purposes is dependent upon the circumstances. Preparing a will can be necessary to name beneficiaries, set up guardianships for minor children or even create a trust for incapacitated...
Month: April 2014
Rules For Trusts Can Vary From State-To-State
Mistakes made during the estate planning process can prove to be costly. Even when individuals have consulted with an attorney in the drafting of a trust or will, they may want to give these documents another look when they are moving to another state. There may be...
Why Do I Need An Estate Plan?
The purpose of estate planning is to maintain autonomy. To make your own decisions, and avoid others getting involved in your personal matters. Done properly, an estate plan can save hundreds of thousands of dollars in taxes and professional fees. When a person...
Estate Planning Strategies Concerning Real Estate Assets
As older individuals are becoming increasingly more active, there are also differing strategies to shelter a certain amount of assets from being placed into probate. Many individuals may also face a number of challenges that may force them to move from the home...
