You can certainly go back to the attorney you worked with before, however, few attorneys offer Legacy Wealth Planning. If you want Legacy … [Read more...] about If I have a “bare bones” living trust should I go back to the attorney who drafted the trust?
How do I know if I have a “bare bones” living trust?
Very few estate planning attorneys offer Legacy Wealth Planning. A “bare bones” living trust covers probate avoidance and usually ignores … [Read more...] about How do I know if I have a “bare bones” living trust?
Is the Family Wealth Trust some kind of loophole the government will eventually close down?
NO. The Family Wealth Trust has been authorized by the law for centuries. The government really has no interest in making you or your family … [Read more...] about Is the Family Wealth Trust some kind of loophole the government will eventually close down?
Can I transfer real estate into a Family Wealth Trust?
YES. In fact, all real estate should be transferred into your Family Wealth Trust. Otherwise, upon your death, depending on how you hold the … [Read more...] about Can I transfer real estate into a Family Wealth Trust?
If I set up a Family Wealth Trust, can I be my own trustee?
YES. In fact, most people who create a Family Wealth Trust act as their own trustees. If you are married, you and your spouse can act as … [Read more...] about If I set up a Family Wealth Trust, can I be my own trustee?
Why should I have a Family Wealth Trust?
Not only does a Family Wealth Trust provide for the disposition of your property (like a Will), but it also offers the following … [Read more...] about Why should I have a Family Wealth Trust?
What happens if I’m incapacitated and have only a Will—or no plan at all?
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?
How does a Family Wealth Trust differ from a Revocable Living Trust?
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?
What’s the real benefit of choosing a Living Trust over a Will?
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?
