Trusts and limited liability companies (LLCs) are both legal vehicles that can be used to manage and protect assets, minimize taxation, and avoid probate. Whether a trust or an LLC…
Proper execution of a legal instrument requires that the person signing have sufficient mental “capacity” to understand the implications of the document.
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There are lots of misconceptions about estate planning, and any one of them can result in costly mistakes. Understanding who needs an estate plan and what it should cover is key to creating a plan that is right for you.
Estate administration is the process of managing and distributing a person’s property (the “estate”) after death.
Your will is a legally-binding statement directing who will receive your property at your death. Why should you have a will? Here are some reasons.
After being off-limits to most members of the public since March 2020, Social Security Administration (SSA) offices are set to reopen on March 30, 2022, barring an unexpected snag or sudden change in the pandemic’s trajectory.
For most people, the durable power of attorney is the most important estate planning instrument available — even more useful than a will.
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Revocable trusts are an effective way to avoid probate and provide for asset management in the event of incapacity as well as achieve many other goals, including tax, long-term care, and asset-protection planning.
