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Trust decanting is a process that can be utilized to modify or alter the terms of an irrevocable trust.An irrevocable trust is an estate planning tool designed to limit the grantors' ability to alter its terms - but there are steps you can take to change it.
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Naming a beneficiaries to accounts can cause unintended problems. Learn why there are better alternatives to naming a beneficiary to an account.Adding a family member as a beneficiary to an account can be a low cost way to plan part of an estate, but sometimes there can be drawbacks.
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Planning as part of the sandwich generation presents enormous challenges. Here are 6 steps to take to meet those challenges.The "Sandwich Generation" is caught between caring for their parents and their children. Planning for them both can be challenging.
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Holiday gatherings with family may be a good opportunity to discuss many aspects of an aging loved one's planning and wishes should they get sick.Family get togethers are not merely an opportunity to reconnect with loved ones.
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What steps can we take to try and prevent Alzheimer's disease?Alzheimer's Disease has a lasting impact not just on the person who has it, but on the whole family.
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Here's How Probate Is DefinedProbate proceedings seek to validate the decedent’s last will and retitle the estate’s assets into the name of heirs according to the deceased’s wishes.
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Helping Your Family With a Prepaid Funeral PlanWhen an individual passes away without a funeral plan, responsibility for arranging the funeral often falls on the deceased’s close family members, such as surviving spouses and children.
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How You Share Your Assets With Your Children is Up to YouConsidering equal inheritances in your will or trust is common. Many families follow the "Equality Principle" for an even distribution among children.
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Irrevocable vs. RevocableIn estate planning, there are many types of trusts. A revocable trust and an irrevocable trust are the most common and better suited to different estate plans
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Why a Health Care Proxy is an important part of an Estate PlanHealth Care proxy, medical directive, estate planning
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Probate delays highlight the benefits of a TrustRecent probate court delays confirm the benefits of a living trust
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November is Alzheimer's Awareness Month - Long Term Care Planning can Preserve your assets, Provide you Help and Protect your Future.Alzheimer's; Long term care needs; planning for long term care
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