Making Changes when You Have an Empty Nest
Millions of college students headed off to school this fall and left their parents with empty nests. After the shock starts to wear off, and while parents are waiting for ...
You Have Power of Attorney-Now What?
When someone else assigns power of attorney to you, you become the “attorney-in-fact”. You are held to the highest level of duty to protect the account holder’s funds, to avoid ...
A Personal Representative is a Fiduciary
The executor or personal representative of an estate has control over the estate and is responsible for settling the debts of the estate, and distributing estate assets to beneficiaries as ...
Marital Deduction Planning
When planning for your future and working on an estate plan, married couples have options not otherwise available to unmarried couples. Understanding how estate taxes work between spouses is important ...
Do It Yourself Legal Matters
In these economic times, people are constantly looking for ways to save money and some are choosing to more things themselves rather than hire a professional. You might decide you ...
Benefits of a Living Trust
Benefits of a Living Trust A living trust offers protection in cases of incapacity. The grantor of a living trust places property in the trust. The grantor designates a trustee ...
Do We need a Trust in our Estate Plan?
People often call us looking for a trust. Many times people think they need a trust because a friend told them they need a trust, or because they read it ...
Planning Ahead Eases Stress of Losing a Loved One
You Need an Estate Plan One of the greatest gifts you can give your loved ones is an estate plan. Imagine the chaos of dividing a home, all the furnishings, ...
What is a Living Trust?
A living trust is another name for a revocable trust, that is a trust established by the grantor who funds the trust with assets and which allows the grantor the ...
Revocable Trusts vs. Irrevocable Trusts
As the names suggest, a revocable trust can be modified, amended and/or revoked by the grantor at any time whereas an irrevocable trust cannot be revoked by the grantor, ever. The ...