Designing a Trust is Like Designing a Home Designing and building a trust is much like designing and building a home. No two custom homes are identical—each one reflects the owner’s specific needs, lifestyle, and vision. While a basic “tract home” provides essential shelter at a low price, it lacks customization, energy efficiency, and unique […]
Navigating estate planning is a comprehensive process that involves making arrangements for the management and distribution of your assets and properties after your death or incapacitation. It is a crucial aspect of financial management that often gets overlooked or delayed due to its complexities and uncertainties. However, understanding the fundamentals of estate planning can empower […]
I love the Tim McGraw song, “In My Next 30 Years.” I have practiced estate planning for 34 years and love planning with purpose. In my first 30 years, it was the “estate tax tail that wagged the dog.” Now, with an $11 million exemption per person, the estate tax is dead for the majority […]
Trust Administration: What Now? One of the biggest myths of estate planning is the thought that an attorney is no longer needed if the decedent died with a Living Trust. It is true that settling the affairs of a loved one who created a Trust is easier and less costly than settling an estate thru […]
