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Trusts

What is a pour-over will?

When making a will, one issue to be aware of is that it could be out of date the day after you make it. How is that you ask? When you create a standard will, you list all the assets you own and set out how you want the executor to distribute them after you die. Yet,...

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Have you established a Totten trust?

Every adult needs to have an estate plan before they pass away. This gives your loved ones instructions about your assets so they can follow your wishes. While most people think that a will is all they need, there are other components that are just as important.  One...

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Is an incentive trust a good idea?

You can use many different types of trusts when doing your estate planning. One is an incentive trust. It is not nearly as common as other types of trusts, but does it bear considering?  An incentive trust essentially works by connecting an inheritance to a specific...

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Is a testamentary trust right for you?

When someone dies, there may be concerns about how their heirs will get on without them. Individuals who have a minor heir may want to ensure that the assets that their beneficiaries have will be adequate to support that minor child. A testamentary trust provides...

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