What Actually is a Memorandum of Personal Property?
A memorandum of personal property is a document that provides a mechanism for an individual who’s already created a trust or a will to later
June 26, 2020
Category: Estate Planning
What Are the Advantages and Disadvantages of Pour Over Wills?
The advantages of a pour over will are that you go about ensuring that the assets get distributed according to the terms of the trust.
June 26, 2020
What Should Be Included in My Pour Over Will?
A poor over will should include the pour over provision, which directs any asset that is part of your probate estate to your trust but more generally,
June 26, 2020
What is a Pour Over Will in Estate Planning?
A pour over will is a will that accompanies a revocable living trust. In a revocable living trust, you normally will distribution provisions about who receives the
June 26, 2020
What Business Entities May Be Used in Business Succession Planning?
When we do business succession planning, the entities we create could be a family trust, wherein the senior generation passes control of the entity, management
June 26, 2020
When is It Better to Sell a Business Than to Start Business Succession Planning?
Selling your business is part of the succession plan. Business succession either happens while you’re alive, an asset sale, or a component of your estate
June 26, 2020
What is Business Succession Planning in Estate Planning?
Business succession planning is the process whereby the ownership and management of a business, plan for the succession and continuation of the business based on
June 26, 2020
Is It Difficult to Name Your Children as Powers of Attorney or Executors?
Naming your children as executors or powers of attorney is simply a matter of sitting down with your estate attorney, clearly communicating what it is
June 26, 2020
How Can a Trust Avoid Probate?
Titling your assets in the name of a living trust will keep you and your family out of probate court. When you set up a
June 26, 2020
What Are the Different Types of Trusts Used in Estate Planning?
There are many different types of trusts. The creator of a Revocable Trust, often called the Grantor, retains certain rights with respect to the trust: usually,
June 26, 2020