When a loved one suffers from a mental illness, one small comfort can be knowing that your trust can take care of them through thick and thin. There are many ways this can happen- ranging from the funding of various types of treatment to providing structure and support during his or her times of greatest […]
In its simplest terms, a trust is a legal arrangement in which a trustee holds and manages assets for the benefit of one or more beneficiaries. The trustee owns the assets, enters into contracts on behalf of the trust, manages the trust’s investments as its trustee, and follows the trust’s instructions on making distributions. A […]
Sadly, most Americans are indifferent to estate planning – at best – or completely ignore the issue – at worst. When it comes to estate planning, however, there are some mistakes that you cannot afford to make. Below are five of the most critical estate planning mistakes. Not having an estate plan. This is the […]
Confused about the differences between wills and trusts? If so, you’re not alone. While it’s always wise to contact experts like us, it’s also important to understand the basics. Here’s a quick and simple reference guide: What Revocable Living Trusts Can Do – That Wills Can’t Avoid a guardianship of the estate. A revocable living […]
