by Caress Law, PC | May 16, 2022 | Estate Planning, Trusts
If the concept of a “trust protector” is new to you, you’re not alone. Up until the 1990s, the role was familiar almost exclusively in the context of offshore trusts established in tax havens, such as Panama or the Cook Islands. Individuals establishing such trusts...
by Caress Law, PC | May 6, 2022 | Estate Planning
No one likes to think about the possibility that they may become incapacitated or otherwise unfit to make their own financial decisions, but life can be full of surprises. While most people with disabilities are fully capable of managing their own lives, there are...
by Caress Law, PC | Apr 17, 2022 | Estate Planning
Many people associate estate planning with that one inevitable aspect of life we don’t like to think about: death. However, we should not ignore the importance of estate planning with regard to situations that may occur while we are still living. Estate planning...
by Caress Law, PC | Mar 30, 2022 | Estate Planning
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...
by Caress Law, PC | Mar 17, 2022 | Estate Planning
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...
by Caress Law, PC | Mar 7, 2022 | Estate Planning, Trusts
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...