Trusts

Creating an estate plan should be a priority for all adults. There are various things to consider during this process. For example, what will happen to an estate planner’s assets after their death is an important issue worthy of attention. Passing along assets to the...

People in many different personal situations may decide to create and fund a trust as part of a broader estate planning strategy. Some people create trusts to reduce posthumous tax risks or creditor claims after they die. Others utilize trusts to protect their...

Those who are planning for the future may create a trust as a way of structuring support for dependent family members or charitable organizations. They can provide detailed criteria for distributions from the trust and even name a final beneficiary to receive whatever...

There are various components that you need to get set up when you’re creating an estate plan. For some people, having a will isn’t enough. This is usually because they have a complex estate. Those individuals may need to set up trusts. When you’re trying to determine...

When people create trusts, the goal is often their own protection. They want to prevent creditors from making claims against some of their property or set aside resources for their senior years that people won't be able to gain control over through guardianship....

There are numerous kinds of documents that you can include in your estate plan that will protect you or the people in your family. A will allows you to designate beneficiaries for your property and name a guardian if you have young children at home. Powers of Attorney...

Debt is a standard part of the modern American household. Very few families can operate without some form of debt, whether they have credit cards or just a mortgage on their home. Your debts can affect your finances for the rest of your life, at least until you repay...