A revocable living trust adds value to your estate planning, but some of the older reasons to create a trust aren’t true today. The tax law changes of 2012 significantly reduced the need to avoid estate taxes by using trusts. For most, the non-financial reasons...
Revocable trust administration is usually easier to manage after the original Trustmaker dies when compared to the alternative of probate. The trust administration is private, there is no court involved, and usually, there are fewer third-party items involved in the...
We’ve noticed that more people are talking about estate planning and are actually doing something about it. I’m not sure if the increase means a concern about our mortality because of the global pandemic, or it is that people finally have some time to get...
Estate planning has more challenges than most realize, and the biggest challenge (by far!) is just getting your initial estate planning done. One of the critical decisions involved with a trust-based estate plan is who will be the surviving trustee, or the manager, of...
Prepaid Debit Cards Enable Special Needs Trust (SNT) Beneficiaries to Quickly and Independently Make Purchases More and more, trustees of SNTs are relying on “administrator-managed prepaid debit cards” when disbursing funds to beneficiaries. True Link is a...
