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What Is a Beneficiary Defective Inheritor’s Trust?

May 21, 2023
A Beneficiary Defective Inheritor’s Trust, also known as a ‘BDIT,’ is a specific type of estate planning trust.
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Protecting Assets with a Trust vs. Limited Liability Company

May 20, 2023
To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.
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How Trusts Help with Asset Protection

May 19, 2023
The idea of asset protection for the purposes of protecting against long-term care costs is becoming both more sought-after and more necessary.
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Need an Executor of Your Will?

May 16, 2023
While you may draft a will assuming that your choice of executor won’t change, there are different reasons why making a switch may be necessary.
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The Purpose of an Executor

May 15, 2023
Being named as an executor in a loved one’s Last Will and Testament is a big responsibility. It is important to understand what you are agreeing to before you step into the role as executor.
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What Does an Executor Do?

May 14, 2023
The main responsibility of an executor of a will is to carry out the final wishes of the person who bestowed that position of trust.
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The Biggest Mistakes Made

May 8, 2023
Mistakes that are usually ugly, often costly and sometimes fatal – at least to an estate plan.
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Do I Need a Trust ...?

May 7, 2023
Trusts are widely used in estate planning, so estates can avoid going through probate and maintain privacy. The terms of the trust ensure the wishes of the property owner are adhered to and their property gets distributed to the proper beneficiaries.
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What Is Hospice Care?

May 6, 2023
The recent decision by former President Jimmy Carter to transition to hospice brings much-needed attention to this crucial part of healthcare.
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Advantage of a Life Estate

May 5, 2023
A life estate is a type of property ownership or tenancy that grants an individual the right to use and enjoy a property for the remainder or their life. It gives an ownership interest to someone else.
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