by Amy Delaney | Apr 12, 2023 | Estate Planning, Trusts and Wills
There are two types of trusts commonly used in estate planning: revocable and irrevocable trusts. Each trust type has pros and cons depending on your objectives. However, both trusts are legal arrangements to manage and distribute your property during your lifetime or...
by Amy Delaney | Oct 20, 2022 | Estate Planning, Trusts and Wills
In whatever stage of the estate planning process you are at, or if you are just beginning to consider your options, you probably have questions about how you want your assets distributed and who should handle it. A trust can be a great tool in your estate...
by Ashley | Aug 29, 2022 | Estate Planning, Trusts and Wills
In the event you became seriously ill or accidentally injured and could no longer make decisions about your healthcare, what would you do? You don’t have to be old to become incapacitated. A living will, a component of an advance health care directive can outline...
by Ashley | Aug 22, 2022 | Trusts and Wills
Since the COVID-19 pandemic broke out in the US, more than ever there is a need for wills, living wills, and perhaps living trusts. Still, this knowledge is not translating into estate planning action. No matter your age or asset level, having a will is...
by admin | Jul 18, 2022 | Elder Law, Estate Planning, Trusts and Wills
Almost all older adults agree that estate planning is important. However, the majority of Americans age 55 and over lack wills, and even fewer have living wills or health care directives made. These documents help guide your representatives to provide the end-of-life...
by Amy Delaney | May 16, 2022 | Estate Planning, Trusts and Wills
Known as irrevocable trusts, charitable trusts allow you as well as a charity to benefit from income provided by the trusts. Creating a charitable trust offers many financial advantages for all parties involved if you are philanthropic and possess non-essential assets...