There are many different forms of irrevocable trusts, each designed to achieve specific estate planning goals. Some of the most commonly … [Read more...] about What Are the Different Types of Irrevocable Trusts?
Who Should Establish an Irrevocable Trust?
While irrevocable trusts are not suitable for every situation, they can be highly effective for certain individuals. Those with considerable … [Read more...] about Who Should Establish an Irrevocable Trust?
Why Choose an Irrevocable Trust?
Many individuals opt for irrevocable trusts because of the long-term benefits they offer. Once assets are placed in the trust, they are no … [Read more...] about Why Choose an Irrevocable Trust?
What is an Irrevocable Trust?
An irrevocable trust is a legally binding structure where the individual who creates the trust, known as the Grantor, transfers ownership of … [Read more...] about What is an Irrevocable Trust?
When should I consult an attorney about estate planning after divorce?
Ideally, you should seek legal counsel the moment you anticipate a change in marital status. Early planning allows you to take protective … [Read more...] about When should I consult an attorney about estate planning after divorce?
Are my digital assets affected by divorce?
In today’s world, digital assets such as email accounts, online banking, and social media profiles are part of a comprehensive estate plan. … [Read more...] about Are my digital assets affected by divorce?
How do powers of attorney factor into post-divorce planning?
If you previously named your spouse as your agent under a Financial or Health Care Power of Attorney, those documents must be revoked or … [Read more...] about How do powers of attorney factor into post-divorce planning?
What should I do with jointly owned property?
Property held as joint tenants with right of survivorship must also be addressed during or after a divorce. If such ownership is not legally … [Read more...] about What should I do with jointly owned property?
Can a divorce decree include estate planning obligations?
Yes. A divorce settlement or court order may include specific obligations that affect your estate plan. For instance, you may be required to … [Read more...] about Can a divorce decree include estate planning obligations?
