February 2019

Any significant asset can be threatened by creditors, predators, and major relationship shifts like divorce. A good trust will take into account the highly specific dangers faced by your circumstances—both during your life, and when you’ve passed that asset on to your heirs. Suppose you own an apartment building and you have hired somebody to manage it. When you die, you pass the apartment...

If you read through Mistake #10, you now understand how a mere “last will and testament” does not provide the vital mechanisms offered by a living trust. A will can be partly disregarded by a judge or indefinitely delayed by probate. A living trust offers you the chance to bypass many of the frustrations of the probate, conservatorship, and guardianship systems. Do not, however, be tempted...

Much of the rest of this book will be about constructing a good living trust. But what is a living trust, exactly? As I explained briefly earlier in the book, you can think of a living trust as a kind of vessel, a bucket which you create, and into which you place your stuff. Some things, like IRAs, 401(k)s, annuities and life insurance do not go into the trust, (See Mistake #5). Basically,...

2019 is here and it’s the year to finally tackle creating your estate plan so your family, loved ones, and legacy are protected after you pass. Is this something you have been putting off? Are you wondering why you need an estate plan? Are you sure your existing plan includes all of life’s changes? Here are some of the reasons why it is so important to get started now. Estate Plans Are For...

When we think of our estates passing on after we die, our houses, cars, money, and children may spring to mind. Most people don’t think about their cloud storage, social media accounts, internet domains, or online investments. Your digital assets need to be as much a part of your estate planning as your other assets. We are here to help you plan ahead so your digital presence is taken care...