Category Archives: Trusts
End Of Life Control Possible With Some Advance Preparation
No one wants to contemplate his or her incapacity or even death, but everyone should. “Who speaks for you if you are not able to speak for yourself?” begins a recent article on PBS “News Hour” story . “Who determines what kind of care you want at the end of life, how your finances… Read More »
Irrevocable Trust Could Have Saved Fuss Over Novelist’s Estate
The late Tom Clancy’s novels showed he had a remarkable grasp of military strategy. His muddled estate shows he did not bring the same kind of acumen to his own personal financial affairs, according to a recent article on the website insurancenewsnet.com. Clancy passed away in Baltimore on Oct. 1, 2013. He was 66…. Read More »
Estate Planning Also Has Its Trends
Estate planning, like pretty much everything else in life, is subject to trends, as pointed out recently by the website wealthmanagement.com. The article serves as another means of advising that estate plans are far from static, but must keep up with changing times and changing laws. The website article focused on four of these… Read More »
Wills Are Vital, But Other Documents Are Important, As Well
When it comes to estate planning, the will is far and away the most important document, but it’s not the only one individuals should have ready. Last Will And Testament (Photo credit: Ken_Mayer) A recent Forbes.com article points out that the prudent planner will also prepare such documents as beneficiary forms, financial and health… Read More »
When irrevocable trusts no longer make sense, they can be revoked
There’s irrevocable in the dictionary, and then there’s irrevocable in the law. The two are not the same thing at all, and for that, some people are quite grateful, according to a recent article in Forbes magazine. “Americans were once trust-happy,” the story began. “Now many are having second thoughts, and rightly so. Given… Read More »