Estate Planning

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Revocable Living Trust: What You Need to Know

A revocable living trust is an essential aspect of any estate plan. Also known as a living trust, it is a legal entity created to hold personal and family assets. There are two parties involved in a living trust. They are the grantor, or trustmaker, and the trustee. Often, they end up being the same person. A revocable living trust goes through three phases which are outlined here.

By |2018-05-21T18:04:17-04:00May 21st, 2018|Estate Planning|Comments Off on Revocable Living Trust: What You Need to Know

I’m Not Married and I Don’t Have Any Children – Do I Still Need an Estate Plan?

I’m not married and I don’t have any children - do I still need an estate plan? The answer is always YES!  If you have any assets at all you need an estate plan.

By |2017-08-30T17:07:10-04:00August 15th, 2017|Estate Planning|Comments Off on I’m Not Married and I Don’t Have Any Children – Do I Still Need an Estate Plan?

Top Estate Planning Mistakes To Avoid

When you make a mistake with your estate plan, it can be irreversible.  If the mistake you made isn’t realized until after you or your loved one passes, it could create a nightmare for the survivors. 

By |2017-08-30T17:04:18-04:00August 8th, 2017|Estate Planning|Comments Off on Top Estate Planning Mistakes To Avoid

I’ve Been Named Executor of My Loved One’s Will – Now What?

Being named the executor of a will is a big responsibility.  It can be overwhelming and confusing at times, especially when that person is also dealing with the grief of losing a loved one.

By |2017-08-30T17:13:53-04:00July 14th, 2017|Estate Planning, Wills and Trusts|Comments Off on I’ve Been Named Executor of My Loved One’s Will – Now What?