When it comes to estate planning, two of the most common tools are living trusts and wills. Both help ensure your assets reach the right people after you’re gone, but they work differently and serve ...
An irrevocable trust, on the other hand, may be the better choice if your priority is reducing taxes and protecting assets.
Estate planning isn’t exactly the sort of thing most people like to think about over their morning coffee. Pondering your mortality — not to mention what will happen to your assets and property, let ...
To bring the conversation to life, Shawn introduces us to “Olivia,” a fictional but all-too-familiar figure—a single mother raising two young children. Like many parents in New Jersey and beyond, ...
Clients with many assets often worry if these will be distributed according to their wishes after they die. When it comes to estate planning, the subject of setting up a trust is bound to be raised by ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
Fifth Third Bank is offering free wills to all of its customers through an exclusive partnership with Trust & Will, a digital estate planning platform. Only 4 in 10 American adults have a will or ...
Editor’s note: This is part 10 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...