A trust is created when a person transfers “stuff” to a trustee, who will manage the stuff for the benefit of one or more beneficiaries. “Stuff” includes real property—such as… Read More »
Posts Categorized: Trusts & Estates
Protect Your Family from Lawsuits with a Domestic Asset Protection Trust
Conversations with family, friends, and colleagues can sometimes wander into the topic of lawsuits, divorces, bankruptcies, and other threats that put one’s property at risk of loss to a creditor…. Read More »
Protect Your Beloved Pet With A “Pet Trust”
Estate planning can extend to your non-human family members too.
What is a trust?
Trusts are tools that help you accomplish your objectives.
Sudden Wealth Needs Protection
Sudden wealth can be a life-changing experience that can improve your life and the lives of those around you, but only if you keep it. Those with more assets are bigger targets for lawsuits. Don’t let your sudden wealth suddenly get stripped from you. Protect your assets before you get the windfall and you will sleep a little easier knowing your assets are better shielded.
Shutting Down a Trust
Trusts are powerful tools that can give rise to important benefits. But not everybody needs one.
Your Will and Your RLT are NOT the Final Word on Your IRA
The only time your Will would control who gets your IRA is if your estate is the beneficiary. You should think twice before naming your estate as the beneficiary of your IRA.
Asset Preservation Planning: “Inside Out” vs. “Outside In” Liability
It is important to understand how liability works in order to plan how to avoid it.
Giving While You Are Living
It’s a great idea to try to make a difference for your child while you’re here to see the process unfold – it could be one of your most gratifying life moments.
Beware of Letters from “Property Transfer Services”
A nationwide scheme for squeezing money out of unsuspecting consumers has raised its ugly head in Hawaii.