What Are the Benefits of Having a Testamentary Trust? There are various benefits to creating a testamentary trust. This article discusses the benefits of adding a testamentary trust to your estate plan. What Is a Testamentary Trust? A testamentary trust allows…
Ashton Kutcher and Mila Kunis's plan to leave no money to their children is causing a stir on social media amid the 'nepo baby' debate Ashton Kutcher and Mila Kunis's plan to leave no money to their children is causing…
What Happens To Your Digital Assets When You Die Digital assets have become increasingly popular in the last decade. With proper planning, beneficiaries of digital assets will be able to avoid the difficult process of trying to track down passwords…
How To Leave An Inheritance To Your Kids How to Leave An Inheritance To Your Kids. About $30 trillion. That's the amount of money boomer parents — i.e., you and me — are expected to leave to our millennial offspring…
5 Ways To Know You Need A Guardianship For Mom (Or Dad) As our parents age, our roles often reverse. We take on the role of parent, making sure they take their medications and get to doctors’ appointments. Our parents…
Norman Rockwell Art at Center of Family Feud Who owns several of the artist’s sketches that were on display, until recently, at the White House? A set of Norman Rockwell sketches are at the center of a growing family dispute…
How Medicaid Planning Trusts Protect Assets What are Medicaid Asset Protection Trusts (MAPT)? Medicaid Asset Protection Trusts (MAPT) can be a valuable planning strategy to meet Medicaid’s asset limit when an applicant has excess assets. Simply stated, these trusts protect…
The (Only) 3 Reasons You Should Have an Irrevocable Trust Should you really agree to give up control of your assets? There are some good reasons to get this type of trust, but there are some major drawbacks as well.…
Olivia Newton-John, known for her iconic roles and philanthropic heart, left a legacy that reflects her values through a carefully structured estate plan. At the time of her passing on August 8, 2022, the beloved actress and singer was worth…
Be Leery of Generic Health Care Proxy Forms. If you go to the hospital, you may be presented with a health care proxy form to sign on being admitted. While it might seem easy to sign a generic health care…