As the Settlor (creator)of the trust, you may anyone you choose to be the Trustee; however, given the complex nature of a charitable lead or … [Read more...] about Who should be the Trustee for my charitable trust?
How does a charitable lead trust work?
A charitable lead trust works just like a charitable remainder trust in reverse. In other words, assets from the trust are distributed to at … [Read more...] about How does a charitable lead trust work?
How does a charitable remainder trust work?
In a charitable remainder trust assets are first distributed to at least one non-charitable beneficiary for a specified period with the … [Read more...] about How does a charitable remainder trust work?
Can I use a trust to make charitable gifts?
When making charitable gifts in your estate plan, a trust offers numerous advantages over a Will. For instance, you can retain a significant … [Read more...] about Can I use a trust to make charitable gifts?
Can’t I just make charitable gifts using my Last Will and Testament?
Yes, you can; however, the real question is whether you should. Using your Will for anything but a small, one-time charitable gift can be … [Read more...] about Can’t I just make charitable gifts using my Last Will and Testament?
How should my spouse and I title assets for estate planning purposes?
This is often overlooked by couples. The way in which you title assets can determine whether the asset is required to go through the probate … [Read more...] about How should my spouse and I title assets for estate planning purposes?
When and why should I start including retirement planning in my estate plan?
The odds are good that you will outlive your spouse. This makes retirement planning even more important for you as a woman. You need to be … [Read more...] about When and why should I start including retirement planning in my estate plan?
Why is Medicaid planning necessary?
Over half of all seniors in long-term care (LTC) rely on Medicaid to cover the high cost of that care. Again, because you are statistically … [Read more...] about Why is Medicaid planning necessary?
Why should I include incapacity planning?
Incapacity planning should be part of your estate plan from the beginning because incapacity can strike at any time and to anybody. Without … [Read more...] about Why should I include incapacity planning?
