Some trusts are irrevocable as soon as they are created, which means that, in general, the trustmaker/grantor (the person who created and funded the trust) cannot terminate or modify it to take back the money or property that the trust holds. You may wonder why anyone would want an irrevocable trust, but irrevocable trusts can […]
None of us likes to think about our own death or enjoys planning for that occasion. However, if you do not create an estate plan or fail to keep it updated, you are likely setting your loved ones up for even more stress and grief after you pass away. It may add to your own […]
Whether you are reviewing your existing trust or creating a new trust, you should understand the important role that trustees play not only in handling trust matters but also in providing for and protecting your loved ones. What is a Trust? A trust is an agreement between an owner of accounts and property (Trustmaker/Grantor) and […]
Long time readers of this blog know of our love of the 2019 murder mystery film Knives Out, for shining a Hollywood sized spotlight on the world of estate planning. With the release of the sequel, Glass Onion in 2022, now is a great time for a refresher into the world of estate planning and […]
