What’s the difference and why do you need both? Often clients ask, “If a Trust is more effective in transferring my assets, why do I need both?” A will and a Trust go hand-in-hand. We will explain below why you need both and how we can help. The most important difference between a Will and … continue reading the entire article
Wills are documents that allow you to determine to whom your assets are distributed after your passing. A will also indicate who will be the executor of your estate. According to Legal Zoom, it is estimated that about 50 – 60 percent of Americans do not have a will. Continue reading to find out why you should hire an attorney to create your will.
Although there is no set time to review your estate plan, the new year is a good opportunity to reflect on any significant changes in your life during the past year to determine if your plan still meets all your goals. Time has a way of passing quickly, and it is easy to put your … continue reading the entire article
The topic of probate brings up a lot of concerns from people who come to us for estate planning. Many have heard horror stories from families and friends. They know enough to know that they want to avoid probate, but they don’t know why or how. Probate is simply an administrative process supervised by the … continue reading the entire article
When was the last time you reviewed the beneficiaries on your accounts? Time goes by quickly and, as they say, “life happens.” Things change in your life and because you are so busy, there’s a tendency to put it at the bottom of your To-Do list or even forget about it altogether. You may understand … continue reading the entire article
You’ve heard it’s a good idea to avoid probate, but do you really know why? Most people have the false sense of security that since they have a Will all of their affairs are in order and won’t involve a court after they pass away? Not true! A Last Will and Testament are only effective … continue reading the entire article