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Creditor Protection Using Trusts

Trusts can be very effective creditor protection tools. We use them all the time for this purpose. However, there is one trust, that although it can provide fabulous creditor protection for other trust beneficiaries, it does not provide any creditor …

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Making Your Trust Work by Funding it

We had one of our clients in this week for a trust review. She said that estate planning and trusts have been regular topics of discussion with her friends. They all have trusts which have been drafted by different attorneys. …

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Does Your Trust Plan Have These Options?

We regularly to get people coming into our office with existing trust-based estate plans. These plans are typically prepared by their previous divorce attorney, real estate attorney, the family lawyer or other general practitioner. When we review these plans, rarely …

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New Year’s Estate Plan Resolutions

It’s New Year’s Eve. Have you made your New Year’s resolutions for 2018? If you have, you are with the majority of respondents of a recent YouGuv online survey. The top four resolutions for 2018 were to eat better, exercise …

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Plan While You Can

Would you agree that you have more options now while you are alive and well, than after you’re dead? Would you also agree that you have more options now when you are alive and well, than after you are mentally …

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More Estate Planning Questions

On a daily basis in our office, we get a lot of estate planning questions because of all the estate planning that we do. In this column, I like to periodically cover the questions we get. Today, we are going …

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No Will? You Still Have a Plan

Last week, we discussed that to make your will work, it had to go through the probate court process. But what if you have not will or trust? Well firstly, you would be like the majority of people in America …

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Wills Won’t Work Without Probate

“Mom’s (or Dad’s) will says I get everything. I took the will to the bank. Why won’t they give me my money?” We get this question all the time. We heard it again this week. What many beneficiaries do not …

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So You Are In Charge of the Estate or Trust

Mom or dad has named you as personal representative of their estate or as trustee of their trust. As a personal representative or trustee, you are considered a fiduciary. This is someone who handles funds or property of another. As …

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