You may know that estate planning can help secure your family's future, but what can married couples do to protect the assets they have acquired? A bypass trust can be a powerful tool for spouses. Designed to minimize estate taxes and help people pass on assets...
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Trusts
What are Totten trusts?
Every adult should ensure that they have a plan in place for after they pass away. There are several things to think about, one of which is getting your assets to your beneficiaries in the least costly, easiest and most effective manner possible. You can usually do...
Irrevocable trusts can pass assets to beneficiaries effectively
Creating an estate plan is something that you may not be looking forward to doing, but it’s critical so you can outline your wishes for your loved ones. There are several things that you need to think about when you’re getting ready for this. One of them is to...
How can a spendthrift trust protect your family’s money?
Many parents worry about their children's ability to handle an inheritance wisely. A spendthrift trust offers an innovative solution to protect family wealth from risky spending habits and outside threats. This special type of trust helps ensure your loved ones...
Is a living trust right for you?
Have you ever wondered how to ensure the distribution of your assets according to your wishes after you pass? A living trust might be the solution you are looking for. This powerful estate planning tool offers potential benefits, making it an attractive option for...
What if your heirs are not ready to run the family business?
Most business owners want to protect their legacy. Those running a family business might want to ensure that the company passes on to the next generation and continues to thrive beyond their tenure. But what if your successors are not ready when the time comes? They...