The person you choose to serve as trustee plays an important role in the trust that you establish. They ultimately have control over the assets you use to fund the trust and have to handle the investments or maintenance of those assets for your beneficiaries. Many...
You live your life to try to benefit your community and the people you love. You may even donate to charity and perform random acts of kindness for strangers. For those with a strong calling toward compassion or kindness, the idea that they can continue to help others...
Whether a ski chalet in the mountains or a cabin on the water, a vacation home offers busy families a welcomed respite. A chance to get away from the hustle and bustle of everyday life and tune back into nature while reconnecting with family, friends and loved ones....
Your estate plan establishes your legacy and ensures that the right people receive your property when you die. Typically, testators creating wills and other estate documents focus on their biggest assets first. Few pieces of personal property will have the financial...
When you are potentially going to be the guardian for someone you care about, you may find that it is more complex than you thought just because you’re across state lines. When you cross state lines, rules and laws change. Determining jurisdiction may become a...
During estate planning, two terms that often come up are “heir” and “beneficiary.” Many people think that they are synonyms that can be used interchangeably. However, that is not the case. So, what is the difference between the two? When is it appropriate to use...
Trusts can be excellent tools, but they are only as good as the trustee someone chooses to administer them. A trustee has ultimate control over the assets in a trust and the access other people have to that property. Many people planning a trust spend a lot of time...
It's complicated enough to be an estate executor when everyone lives in the same place. But what if there are heirs in other states? For instance, maybe you and your siblings all grew up in Colorado. You stayed near your parents, and so they named you the estate...
In most cases, people create a final will to provide for their loved ones and help them avoid inheritance disputes. In theory, detailing your wishes in a legal document can go a long way in preventing your heirs from fighting over who gets what after your death. You...
You want your children to have the best life possible, which means supporting them when they are young. In some cases, you may need to continue to support them for the rest of their lives or even after you die. Creating a special needs trust is a popular way to...
