Receiving an inheritance can be meaningful and transformative, but it can also create challenges if not handled thoughtfully. Without a clear plan, an inheritor may struggle to manage assets, face creditor or tax issues, or lack the financial experience needed to preserve and grow their inheritance. A well-designed estate plan helps anticipate and reduce these […]
Family strife is horrible for everyone involved, and often spills over into estate planning, with hurled threats of “I’ll cut you out of my will” not uncommon for feuding families. If you find yourself in the unfortunate position of having family conflict lead to estranged loved ones and changes estate plans, know these changes often […]
What do you hope to leave behind for your loved ones? Beyond the financial aspect, how do you want your legacy to be felt and remembered? These questions lie at the heart of every estate plan and inform discussions about what someone plans to leave behind: homes, savings, heirlooms, and other assets. However, the most meaningful […]
The title of trustee implies that this position should be held by someone you find trustworthy, and for good reason. Serving as a trustee of a trust carries significant responsibility and duty not just to you as the trust’s creator but also to the beneficiaries who depend on accurate, faithful administration. While being named a […]
