Estate Planning

5 things you need to know about trusts

When people start to think about an estate plan, they may consider the will. While a will is fairly easy to establish, it behooves some individuals to set up and fund trusts. Assets held in trusts are passed down to the beneficiaries without having to go through the...

Estate planning milestones to look out for

When you look back at your past, you recall milestone events that shaped who you are today. Such events as weddings, divorces, births, deaths, new careers and retirement will continue to add to your story for the rest of your life. Besides making up your and your...

Is your estate vulnerable to taxation after you die?

Thinking about who receives which assets from your estate can be pleasant in some ways. You may reminisce about your favorite memories with different people and assign them different property based on your experiences with them and their current life circumstances....

3 ways to spot an invalid will

Usually, you want nothing more than to uphold the last wishes of a loved one who recently died. Their will or estate plan will is the foundation for their lasting legacy. What they want to leave to their loved ones is a reflection not only of their relationships but...