3 Major Mistakes to Avoid with Trusts: How to Prevent a Trust from Going ‘Bad’

Trusts can be effective estate planning devices for transferring assets, avoiding probate and reducing estate tax obligations. If, however, trusts are not properly set up and maintained during a trustmaker’s lifetime, costly mistakes can happen, potentially negating any benefits associated with having the trust. To help people avoid these pitfalls, the following reveals some of … Read more3 Major Mistakes to Avoid with Trusts: How to Prevent a Trust from Going ‘Bad’

Estate Planning for Business Owners

Estate planning is important for anyone, and it can be particularly essential (and potentially more complicated) for business owners. The following explains the importance of estate planning for business owners, as well as some of the key factors that these individuals should consider when (and maybe incorporate in) estate planning. Why Is an Estate Plan … Read moreEstate Planning for Business Owners

How to Choose the Right Trusts When Developing an Estate Plan

An important aspect of the estate planning process can be setting up trusts to hold certain assets for future (or current) beneficiaries. When it comes to developing a trust, however, there are a variety of options. To find out which trust(s) is (or are) best for you, your estate plan and your beneficiaries, here are … Read moreHow to Choose the Right Trusts When Developing an Estate Plan