Without advance planning, the court steps in through a conservatorship (sometimes called “living probate”). A judge appoints someone to … [Read more...] about What happens if I’m incapacitated and have only a Will—or no plan at all?

Most Revocable Living Trusts are primarily concerned with avoiding probate and estate taxes. A Family Wealth Trust offers lifetime benefits, … [Read more...] about How does a Family Wealth Trust differ from a Revocable Living Trust?

A Will is a legal document that describes how your assets should be distributed in the event of death. The actual distribution, however, is … [Read more...] about What’s the real benefit of choosing a Living Trust over a Will?

A Family Wealth Trust is the main component of a Legacy Wealth Plan and covers important issues other than avoiding probate. … [Read more...] about What is a Family Wealth Trust?

If you don’t create an estate plan, the state will step in with one of its own—through a process called intestate probate. But that plan is … [Read more...] about What happens if I die without an estate plan?

Traditional estate planning is focused on financial assets and is concerned with avoiding probate and estate taxes. On the other hand, … [Read more...] about What is the difference between “traditional” estate planning and Legacy Wealth Planning?

• Married couples: Federal rules let you transfer unlimited assets to a legal spouse—no gift tax now and no estate tax later.• Unmarried … [Read more...] about Why do I need an estate plan?

Traditional estate planning (Wills and Trusts) focuses on the accumulation, the preservation, and the distribution of only your financial … [Read more...] about What is “traditional” estate planning?

Legacy Wealth Planning is the creation of a definitive plan for managing your total wealth while you’re alive, distributing your estate how … [Read more...] about What is Legacy Wealth Planning?