Posts Categorized: Trusts

Creating an estate plan is one of the most important steps you can take to protect your loved ones and ensure your wishes are honored. Without a plan, you risk leaving your family to navigate a slow, costly, and often confusing legal process, dealing with the state’s default inheritance rules, or even facing difficult decisions about your care or guardianship of your children. In this blog, we explore the 4 critical reasons why you can’t afford to go without an estate plan—and how taking action now can spare your family unnecessary stress, conflict, and expense. Don’t wait—get the peace of mind that comes with knowing your family is protected and your legacy is secure. Schedule your Life and Legacy Planning Session today. READ MORE

Being named an executor of a loved one’s estate may seem like an honor, but it often comes with unexpected challenges. From managing paperwork and notifying financial institutions to navigating family dynamics, the responsibilities can quickly become overwhelming—especially while you’re also grieving. In this blog, we explore the hidden truths of estate administration and how a comprehensive Life & Legacy Plan can make the process smoother for your loved ones. Learn how proper planning can reduce stress, prevent family conflicts, and ensure your wishes are carried out with ease. Schedule a Life and Legacy Planning Session today to protect your family and your legacy. READ MORE

As we honor our veterans this Veterans Day, it’s important to remember that protecting your legacy is just as crucial as the service you’ve given to our country. Life & Legacy Planning is an essential tool for veterans, helping you safeguard your family’s future and ensure your military benefits are fully utilized. In this post, we’ll guide you through the unique estate planning opportunities available to veterans, offering practical advice on how to organize your assets, protect your loved ones, and create a comprehensive plan that reflects your wishes. Your legacy deserves to be protected—let us show you how. READ MORE

Creating an estate plan is one of the most vital steps you can take to secure your family’s future, yet many people delay this important task with thoughts like, “I’m too young,” or “My family will know what to do.” However, without a plan, your loved ones may face a lengthy and costly probate process, lose control over who inherits your assets, and struggle to make medical and financial decisions on your behalf. If you have minor children, failing to name legal guardians can lead to heartbreaking outcomes. Don’t leave your family’s future to chance – take action today to ensure they are protected and cared for, no matter what happens. READ MORE

In the wake of Shelley Duvall’s passing, we are reminded of the vital importance of having a comprehensive estate plan. Duvall’s situation, particularly concerning her long-term partner Dan Gilroy, highlights the complexities and potential pitfalls that can arise when legal matters are left unresolved. Without a will in place, Gilroy faces a challenging process to claim his rightful share of Duvall’s estate, underscoring the need for clear planning. This blog explores key lessons we can all learn from Duvall’s story, emphasizing the significance of a Life & Legacy Plan to protect your loved ones and ensure your wishes are honored. Join us as we delve into essential strategies for effective estate planning, particularly for unmarried partners and those facing mental health considerations. READ MORE

Marriage has evolved significantly, with common law marriage being a lesser-known form recognized in a few states. While it can offer legal benefits, navigating its complexities is crucial, especially when planning for unexpected events like illness or death. Without proper documentation, surviving partners may face serious challenges regarding inheritance and decision-making rights. To ensure your wishes are honored and your loved ones are protected, consider scheduling a Life and Legacy Planning Session with us today! READ MORE

October 21-27 is National Estate Planning Awareness Week, a great opportunity to address common misconceptions about estate planning. Many people think it’s only for the wealthy or too complicated, but in reality, it’s essential for everyone, regardless of age or financial situation. An estate plan ensures your loved ones are taken care of, helping them navigate important decisions during difficult times. By creating a personalized Life & Legacy Plan, you can gain peace of mind and ensure your wishes are honored. Don’t let myths hold you back – take control of your future today! READ MORE

When creating an estate plan, many wonder if a disabled individual can serve as an executor or trustee. The answer is yes! As long as their disability doesn’t prevent them from fulfilling the necessary responsibilities, a disabled person can take on these roles. In fact, overlooking a trusted individual because of a disability could mean missing out on the best person for the job. Learn more about what it takes to choose the right fiduciary for your estate plan and how we can help. Schedule a Life and Legacy Planning Session today to ensure your plan is in good hands. READ MORE

In an unpredictable world, being prepared for disasters is essential for the safety of you and your loved ones. Our guide offers practical steps to help you create a go-bag, stock up on essentials, and invest in the right insurance coverage. We also emphasize the importance of establishing a Life & Legacy Plan to ensure your wishes are honored and your family is cared for in times of need. Join us in building a resilient future – let’s equip you with the tools and knowledge to navigate any challenge that comes your way! Ready to learn more? Schedule a Life and Legacy Planning Session with us today! READ MORE

Every year, around 600,000 individuals go missing in the United States, leaving their loved ones to face not only emotional distress but also significant practical challenges. From managing financial affairs to addressing property and debts, it’s crucial to tackle these issues promptly. After reporting a missing person to law enforcement, families should check for any existing legal documents, like a financial power of attorney, that could assist in handling their affairs. If such documents aren’t available, seeking a conservatorship may be necessary. Navigating these complexities can feel overwhelming, but you don’t have to do it alone. If you need guidance with the legal affairs of a missing loved one or want to discuss estate planning, we’re here to help – schedule a Life and Legacy Planning Session with us today. READ MORE

In an aging society, facing end-of-life decisions for loved ones can come sooner than expected. A recent story by Maggie Schneider Huston illustrates the emotional complexities involved. Maggie’s experience with her father’s advance directive highlights the importance of not only creating such a document but also ensuring that it is readily accessible and that your chosen advocates are prepared to stand up for your wishes. READ MORE

A community property trust can be a powerful tool for couples with highly appreciated assets, offering significant tax savings by stepping up the basis of jointly owned property when one spouse passes. In our latest blog, we explain how this type of trust works, its benefits, and how it fits into a broader estate plan. Not sure if it’s right for you? Learn more and schedule a Life and Legacy Planning Session with us to explore your options! READ MORE

A power of attorney (POA) is a powerful legal tool, but it may not work the way you expect. Many people assume a POA gives someone indefinite access to their finances, but it actually ends upon death. In our latest blog post, we clear up common misconceptions about POAs, explain the different types, and show you how a living trust can ensure your finances are managed without disruption. Ready to protect your legacy? Schedule a Life & Legacy Planning Session with us today! READ MORE