Imagine walking into a car dealership and asking the salesperson whether you need a car. The salesperson would answer with assurance: “Of course you need a car! The only question is which one on our ...

Editor’s note: This is part three of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for ...

Clients with many assets often worry if these will be distributed according to their wishes after they die. When it comes to estate planning, the subject of setting up a trust is bound to be raised by ...

Revocable trusts can be altered anytime but don't protect assets from estate taxes or creditors. Irrevocable trusts lock assets away, shielding them from taxes and legal claims. Irrevocable trusts do ...

Many retirees go to nursing homes as their needs increase, creating a dilemma for protecting their wealth. A revocable trust ...

When planning for the future, many people use trusts as a way to manage their assets, avoid probate, and protect their loved ones. But not all trusts are created equally. Determining which estate ...

Although most people recognize a last will and testaments as the primary way to pass property upon death, a more powerful estate planning document, the revocable living trust, is becoming ...

April 7, 2023 - Revocable trusts, also referred to as living trusts, can provide an efficient way to avoid probate, maximize the use of one's federal and state exemptions and provide asset protection ...