Frequently, people neglect to consider what will happen in the event of their death. Often, this is due to a perceived morbidity over estate planning. However, estate planning can actually have a positive emotional impact and could also offer security…
A trust is a legal arrangement whereby a third party holds your assets on behalf of one or more beneficiaries. Trusts can be established to transfer assets to heirs seamlessly. With the proper setup, a trust may also be beneficial…
Those who have heard the term probate in estate planning know that it is advisable to avoid it. But why should you avoid probate? Is there a minimum amount of assets that trigger probate? With a will, is probate necessary?…
If you’re like most people, you probably assume that when you pass away, a family member or friend will happily give your beloved pet a good home. Maybe they’ve even told you they would. Unfortunately, too many pets end up…
A will is the best-known estate planning document. If you are creating an estate plan for the first time, you may wonder if you need any more than this. The answer is that it depends. While there are advantages to…