The benefits of drafting a trust are many. Properly-funded trusts can help keep an individual’s estate out of probate, allowing assets to pass directly, quickly, and privately to their beneficiaries. Additionally, a trust allows an individual to control the...
Meeting with an estate planning attorney can be a daunting task. Not only do you have to face the unpleasant prospect of planning for what happens after your death, but there are so many different factors to take into account that the whole process can quickly become...
Wills and trusts are two types of legal arrangements that allow you to dictate what will happen to your estate—all of the “things” you own—after you die. Because there are many similarities between these two estate planning tools, it can often be confusing to...
Everyone agrees that it’s never too early to start saving for retirement. Most adults begin making 401(k) contributions as soon as they land their first real job, and common financial wisdom dictates that you need to put away 15% of your income in your 30s if you want...
Topping the list of estate planning misconceptions is the idea that an estate plan is only for the very old or the very wealthy. Estate planning is often confused with end-of-life planning when, in reality, this is only a sliver of what the task involves. Adults of...
