Living Trust-Centered Planning Strategies
Strategies for Everyone What are some basic estate planning strategies that should always be addressed? No two individuals will have the very same estate plan. But there are strategies that…
Strategies with Prenuptial Agreements
· My spouse and I have a prenuptial agreement. How does it affect our estate planning? Any prenuptial agreement can dramatically alter or nullify an estate plan. For example, the…
Disadvantages of Revocable Living Trusts
· All that you’ve told me about living trust—centered estate planning sounds really attractive. Are there any disadvantages of a revocable living trust? There can be, but they are few…
Estate Planning Strategies for Unmarried Couples
· What special challenges do unmarried couples have in planning their estates? The unlimited marital deduction applies only to couples deemed married under state law, making it harder to eliminate…
Strategies for a Single Parent
· I am a single parent with minor children. Is there special planning I should consider to take care of my children and myself? As a single parent, it is…
Advantages Of Revocable Living Trusts
· What are the benefits of a revocable living trust? Control, cost, convenience, and confidentiality are the four primary reasons that many people turn to trust-centered estate planning. CONTROL A…
Planning For A Family Trust
Planning for a Spouse · Am I required by the laws of my state to leave a portion of my assets to my spouse? The inheritance and succession statutes of…
Everything You Should Know About Community Property
· What states require community property? Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. · What is community property? While the community property laws vary in each…
