February 25, 2019 |
What is a Child’s Trust?
In a child’s trust, you are eligible to leave behind specified property to one child. This property will be held distinctly from any property left ...
Learn MoreWhat is a Child’s Trust?
In a child’s trust, you are eligible to leave behind
The trust is your legal entity through which an adult, also known as the trustee, is responsible for handling property or money for someone else. In this case, the trustee is responsible for managing the property or money identified for a minor child.
In the event that you create a trust, the property manager is known as the successor trustee or the trustee. Your trust document should only be created with the help of an estate planning attorney because it serves the important role of sitting out the trustee’s responsibility and the rights of the beneficiary.
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February 20, 2019 |
What Is A Residuary Beneficiary?
Selecting your primary and alternate beneficiaries is the first step to determining who will receive your property when you pass away. Outside of your will ...
Learn MoreFebruary 19, 2019 |
Do I Need to Inform My Beneficiaries That They’ll Be Receiving Items from My Estate?
After you’ve crafted an estate plan, how do you feel about telling some or all your beneficiaries that you have left property behind. Does it ...
Learn MoreFebruary 18, 2019 |
Should I Name A Couple as Co-Guardians of My Minor Child?
A will is the official estate planning document that you can use to name a guardian for your minor child in the event that something ...
Learn MoreFebruary 13, 2019 |
What Is A Primary Beneficiary?
The word beneficiaries can be confusing, but it refers to institutions or people that you intend to leave property to. There are a few different ...
Learn MoreFebruary 12, 2019 |
Understanding Joint Tenancy
There are several different types of shared ownership when it comes to property. One of these is known as joint tenancy. Property that is held ...
Learn MoreFebruary 11, 2019 |
Considering Your Digital Legacy
When you’re making a comprehensive plan for your estate property, don’t forget all of the materials you have stored online, such as digital files, your ...
Learn MoreFebruary 6, 2019 |
New Study Shows That Extremely Wealthy Americans Are Getting Younger
The old estate planning myth is that people don’t need the help of a knowledgeable estate planning attorney until they have amassed significant wealth or ...
Learn MoreFebruary 6, 2019 |
Leaving your Furniture on the Front Lawn?
If you had just bought a new home and packed up all of your belongings to move, you wouldn’t just leave all of your furniture ...
Learn MoreFebruary 5, 2019 |
Can I Leave Frequent Flyer Miles Behind in My Estate Plan?
You might be able to include other assets outside traditional ones in your estate plan, including frequent flyer miles. Certain U.S. airlines will allow you ...
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