Have you been told you need a trust, but don’t understand why or what a trust is? Do you think a will avoids probate? This episode breaks down the differences between a will and a trust, and why you may need one, or both, and discusses the effect each has on you...
Older adults are remarrying more and more often. In 1960, only 42% of previously married individuals 55 years and older ever remarried. In 2013 this number had grown to 57%, and by 2017 it had leaped an additional 10% to 67%. Second marriages are becoming...
Wills and trusts serve many of the same purposes, so it is natural that the two are often confused. Both are important estate planning tools that help you organize your assets and ensure they are passed to the right people when you die. Both require the help of an...
For many folks, trust funding is an alienating concept. Often, when we think of trust funds, we think of privileged socialites flexing their fancy lifestyles, and while this is a reality, it represents only a sliver of the ways trusts are used. Misconceptions like...
Estate planning is often misunderstood. One of the most common misconceptions is that estate planning only outlines the distribution of a person’s assets after they die. This is not the case, however, especially for parents who are responsible for the guardianship of...
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