How do I add a new child or grandchild to the trust?
Establishing a trust is a significant step in estate planning, offering a secure future for loved ones. However, life evolves, …
How can I protect an inheritance from a child’s divorce?
Protecting an inheritance intended for a child from being impacted by a potential divorce is a common concern for many …
How can I ensure my estate plan accounts for inflation or rising costs of living?
Estate planning is often viewed as a one-time event, a series of documents created and then filed away. However, a …
How are testamentary trusts different from inter vivos trusts?
Estate planning often involves the creation of trusts, legal arrangements designed to manage assets for beneficiaries. However, not all trusts …
How are assets transferred into the trust after death?
The process of transferring assets into a trust after someone’s passing, known as post-mortem funding, is a critical but often …
Does each state have different trust rules?
The landscape of estate planning, particularly concerning trusts, is far from uniform across the United States. While the core principles …
Does a Testamentary Trust Shield Assets from Divorce?
The question of whether a testamentary trust can shield assets from divorce is complex and depends heavily on state laws, …
How do I include personal effects in my trust?
Planning for the distribution of your assets through a trust isn’t solely about financial accounts and real estate; a significant …
How do I ensure a testamentary trust aligns with my power of attorney documents?
Establishing a comprehensive estate plan is about more than just creating a will or trust; it’s about ensuring all the …
How do I choose a trustee for a testamentary trust?
Selecting a trustee for a testamentary trust—a trust created within your will—is a profoundly important decision, demanding careful consideration beyond …