Before we look at the question that serves as the title of this post, we should explain some things about living trusts. First, you should understand the fact that you do not lose direct personal control of assets that you convey into a living … [Read more...] about Are Living Trust Distributions Taxable?
During times of high stress such as tragedy or emergency, we tend to feel helpless. This article explores how a comprehensive estate plan helps reduce anxiety in uncertain times. Read on to learn more. … [Read more...] about Estate Planning Reduces Stress During High Anxiety Times
According to Caring.com, less than 30 percent of millennials have estate plans in place. You may say this makes perfect sense because millennials are between 25 and 40 years of age, and people simply do not pass away when they are this … [Read more...] about Yes, Estate Planning Is Important for Millennials
There is a training exercise that is used to demonstrate the way that information can get distorted if it changes as it is passed down along the line. The facilitator will whisper a brief anecdote in the first person’s ear, and it is passed along … [Read more...] about Do You Avoid Probate If You Have a Will?
Estate planning can seem like a confusing endeavor, and you simply may not know where to begin. With this in mind, we are going to look at four must-have estate planning documents in this post in an effort to shrink the matter down to size. Asset … [Read more...] about Four Documents That Should Be Part of Your Estate Plan
There are a number of misconceptions that circulate about certain aspects of the estate planning process, and some of them are related to trusts. One of these notions is the idea that you cannot change your mind and dissolve a trust once it has been … [Read more...] about Can You Dissolve a Trust?