Whether you are thinking about setting up a trust or you are someone affected by the management of a trust, one of your primary concerns may be whether a trustee is managing it properly. Unfortunately, there are situations where a trustee fails in its duties, which...
Estate Planning
Are There Too Many Restrictions on Your Gifts?
One of the most common goals people have when creating an estate plan is to leave gifts of money or property to loved ones, hoping to make a positive impact. Some people, however, try to control or direct their loved ones' behavior from the grave by placing conditions...
Why Young Parents Need an Estate Plan (and What Should Be In It)
We've all been told to expect the unexpected. And as hard as it is to contemplate what might happen to our loved ones when we're no longer here, it is necessary to do so - especially for new parents. Having children is a "triggering event" when it comes to estate...
Avoid These Common Estate Planning Mistakes
When it comes to estate planning, the biggest mistake anyone can make is to not create a plan at all. However, there are a few areas where people are often tripped up. Whether someone is creating the first version of their plan or they have had a plan in place for...
Four Situations When You Should Review Your Estate Plan
The biggest mistake someone can make relating to their estate is failing to create a plan for distributing their assets. In close second is forgetting to review and revise their estate plan following a major life change. Below are four situations that should prompt an...