A Commitment
to Each Client.
When drafting an estate plan, a major part of the process involves deciding which beneficiaries will receive specific assets. With family heirlooms and other items with sentimental value, this may mean assigning individual items. With bank accounts or other financial...
People who opt to establish an irrevocable trust typically use this option so they can take advantage of the protective benefits. Those come in exchange for not being able to change or cancel the terms of the trust. While this isn’t an issue for some situations, there...
Creating a will is an important step toward protecting your wishes and providing clarity for those you care about. However, a will is not something that should be written once and forgotten. Life changes over tim,e and your documents should reflect those changes....
A payable on death account, or POD account, gives you a chance to select the beneficiary for your bank account. Ordinarily, if you pass away with a traditional bank account, it then has to go through probate and be distributed in accordance with your will. But with a...
When you make your estate plan, it is up to you how you want to divide your assets. Some people keep things simple and split their assets equally, but you can also use unequal bequests, leaving different amounts to different beneficiaries. For instance, say that you...
A trust is meant to provide clarity, protect family assets and make sure a person’s wishes are carried out. But as families, finances and laws change, a trust that once worked well may no longer fit your current circumstances. Signs your trust may be outdated A trust...
