Monthly Archives: September 2021
What Is A Trust And Why Do I Need One?
You probably hear an awful lot about using trusts as an estate planning tool. Between inter vivos trusts, testamentary trusts, revocable and irrevocable trusts, and specialized trusts like gun trusts, pet trusts, and loads of others, you may find yourself getting back to the basic question of why you would ever need a trust… Read More »
What To Do If You Are Named Trustee Of A Trust
Although we have often written about the benefits of starting your own trust, what happens if you are on the other end of that trust? What if you are named as a trustee? You may be confused, and concerned that you don’t have the estate law knowledge necessary to properly carry out your duties… Read More »
Some Basics: What’s The Difference Between A Will And A Trust?
Wills and trusts are words that are often used interchangeably, but they actually have very different meanings, and can do very different things. It’s good to have a basic knowledge of the difference between these two instruments to understand how they impact your estate planning goals. What is a Will? A will is quite… Read More »
Gun Trusts May Save Your Beneficiaries A Lot Of Trouble
Regardless of where you stand on gun control politically, the fact remains that many guns are quite valuable, and many gun collections can be expensive. Like any items of value, you may want to pass them on to your friends or family. Regulations and Laws The problem comes with the myriad of laws that… Read More »