Irrevocable trusts are popular options for people when they are going through the estate planning process for various reasons. These are not uncommon options, but most people tend to put regular trusts in place. When the option exists to create an irrevocable trust,...
Month: June 2017
Document missteps could compromise an estate plan
The future is full of uncertainties. Given this, there are a variety of protections a person may want to put in place. This includes mechanisms for protecting their assets, children and family in the event the worst happens. Estate planning can provide individuals...
Top reasons why estate planning is so important
Estate planning is one of the most important aspects of life that many people tend to overlook. Reasons for overlooking this issue include people believing they won't need an estate plan until later in life, that they don't have enough assets, that nothing will happen...
Real estate issues in estate planning
There are many things a person may have a great desire to make sure get passed on to the next generation of their family. This includes key family properties. Examples include a family home, a vacation home, a property the family business is located on or valuable...
Entering retirement without close relatives
Some individuals enter retirement without a spouse, children or other close family members. While estate planning is something some people might normally associate with the protection of family, having an estate plan and keeping it updated can be just as important for...
