As a continuation of the discussion about estate planning, this is an overview of trusts, which is another option available.
In certain cases, trusts can offer a level of protection and control that may not be available through a will. Make no...
For hundreds of years trusts have been used for succession and estate planning purposes. While numerous in structure and complexity, they all have the same basic principle: Under a trust, the owner of assets, the “settlor”, transfers wealth to...
Wills: The Basics
As discussed in a recent post, there is a lot to consider when it comes to estate planning. But the first main fundamental is a will.
What is a will
You can think of a will as a contract...
While planning your estate, you may want to think about assigning powers of attorney to a person you trust in case you are not capable of taking certain actions or making certain decisions.
This is not something that many of...