Trusts are tools that allow people to change the ownership of certain possessions from an individual to the trust itself. For many years, trusts were primarily used by those with significant holdings that they wanted to leave for family members or set aside for...
Estate Planning
What do my heirs inherit if I die without a will?
You may believe that only people with lots of assets need wills. Or maybe you think you do not need a will if you are not married. For one reason or another, a surprising number of people die without wills each year. So, what do your heirs receive if you die without a...
The importance of establishing powers of attorney
During the estate planning process, you will need to make certain considerations that you cannot account for in your will or trust. One such consideration is who will take care of your affairs in the event you can no longer do so yourself. While you may be healthy...
When should you change your estate plan?
Plans we make for the future may sound great at the time but don’t always hold up a few years down the line. Estate planning is no different. An estate plan you may have created a five or ten years ago may now be completely obsolete – with outdated information,...