You have been named and are now acting as personal representative of mom or dad’s estate or trustee of their trust. You are a fiduciary, who is someone who handles funds or property of another. You have a fiduciary duty …
Planning for Second Marriages Can be Tricky
You may have been widowed or divorced, so you are now in a second or even third marriage. You both came to the marriage with your own separate property. However, you also may have property that you have accumulated during …
How to Leave an Inheritance to your Spouse
Are you married? Did you plan on leaving anything to your spouse when you are gone? If so, you have lots of options. There are many ways to leave an inheritance to your spouse. If your spouse is going to …
Trust Your Trust
The use of trusts as an estate planning tool has become more prevalent over the last few years. There are, however, still some misconceptions about the use of trusts. Many believe that trusts should only be used if taxpayers have …