Funding a Trust

Most people believe that after signing their estate plan, that they have done what the needed to do. Of course, they are already ahead of most people. However, the most important part of your estate planning, if you have a Trust estate plan…is to fund that...

Worried about your aging parent?

If you are part of the sandwich generation, you may be raising your own children, while also caring for your aging parents. This can be a trying time and can affect nearly every aspect of your life. So, what can you do to make the process a little easier on you and...

New Mom? Prepare Your Estate Plan

If you are a new mom…now is the best time to prepare and execute your estate plan. Estate planning is often one item that gets pushed back on nearly everyone’s to-do list. The reasons you might be delaying vary: lack of time, not thinking you have enough assets,...

Do you need a Will and a Trust?

Everyone wants to protect their families, even after they pass away. That’s the purpose of estate plans. But how do you know if the plan you have in place will actually be effective? The first step is understanding the difference between a will and a trust....

What are Estate Taxes?

Estate taxes – and the related gift taxes – are simply limits on how much one can inherit and how much one can give another before taxes are imposed. In essence, these taxes try to limit the transfer of wealth, favoring the distribution of wealth through...

How to Use Trusts to Manage Family Wealth

Many people fail to realize how easy it is to use trusts to manage family wealth. This is probaby due to a lack of knowledge. But trusts are easy to understand. A trust basically establishes a legal entity that holds funds or assets for the person who created the...