Blog
29Mar

Benefits of Setting Up A Trust Fund for Your Children

When you have kids, you know that one of your biggest concerns is making sure that they are well taken care of throughout their life. If you have saved up money throughout your lifetime, you are probably considering leaving it to them to use in adulthood. While many people choose to just leave things to their children in a will, creating a specific trust fund for this purpose may actually be the better option. Here’s why. Trusts allow you to...

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26Mar

Types of Trusts

Trusts are a great way to organize your estate and ensure that your money is left in good hands. There are several different types of trusts that you can use to manage your money, depending on your personal circumstances. Here are a few of the most commonly used types of trusts out there. Revocable or Living Trust Living trusts are commonly used as an alternative to wills to manage your estate. With a revocable trust, you can change or alter most...

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22Mar

Signs It’s Time To Put Together Your Will

While no one particularly enjoys thinking about their own death, it’s something that we all have to face at some point in our lives. There are certain things that may happen to you throughout your life that are good signs that you need to start thinking about your will. If you’ve reached these points in your life, talk to an attorney today to find out more about what you should do to create your will. You’re having kids. Before you had...

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19Mar

Do You Need A Living Trust?

Many people like to have both a living trust and a will to address the issue of probate proceedings. Probate court can stretch on for a very long time, which can make things difficult for your family if they need access to your assets right away. However, not everyone needs a living trust to help manage these assets. Here are some indicators that you can use just a will to manage your property upon your death. You are still in...

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15Mar

What is a Crummey Trust?

Within the realm of estate planning products, there are many different types and subcategories of trusts that you can use to best take care of your family and friends. One such type of trust is the “Crummey trust”, which is used specifically to take advantage of the option for gift tax exclusion when transferring your assets to another person. Specifically, a Crummey trust allows parents to make lifetime gifts to their children up to $13,000 per year without any...

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