Talking about estate planning with loved ones can feel unsettling for some. Unfortunately, the most difficult conversations are often the most important to have. In many cases, it is paramount to speak with your beneficiaries or heirs to let them know what your estate...
The Covid-19 pandemic has upended everyone’s lives in one way or another. Perhaps the only silver lining during this period of unknown is the growing knowledge that establishing an estate plan is vital. In just one week, coronavirus cases have surged by 73%, and there...
To understand the key differences between an irrevocable trust and a revocable trust, we must first understand what a living trust is in the first place. In its simplest terms, a trust is a fiduciary relationship between three parties: the trustor (also known as the...
A staggering fact is that about 60% of adults do not have a valid will in place. Although this statistic seems frightening, it is helpful to know. The first step towards solving any problem is knowing you have one. Therefore, you must realize that you need to protect...
When people think of estate planning, they generally associate it with mortality. Although it’s true that you can’t take what you have with you when you go, it’s also crucial to plan and protect yourself while you’re still alive. Put simply, a revocable living trust...
