We often recommend a trust as part of a comprehensive Estate Plan. We cannot say often enough that whether your plan includes a trust or not, making sure the way you own your assets and the way beneficiary designations are set up is critical to the outcome of the estate plan. It is not enough to get the documents right. This article is the second in a two-part series that examines the effect that title has on an Estate Plan. The first step is understanding what forms of ownership your state recognizes and the potential benefits and detriments of each. The second is determining which form of ownership best accomplishes the goals of the client. Read on to learn more.
- The Joy in Joint Trusts - May 1, 2023
- How Do I Trust Thee…Part III - August 11, 2022
- How Do I Trust Thee…Part II - August 9, 2022