Common Mistakes When Setting Up a Trust

Mistakes to Avoid When Setting Up a Trust Trusts can keep your estate out of probate and potentially reduce taxes. You should understand how to correctly set up a trust to avoid problems and ensure your intentions are honored after your death or incapacity. Having the...

Advantages and Disadvantages of an ILIT

Pros and Cons of Choosing an Irrevocable Life Insurance Trust Trusts are often an important aspect of planning your estate that can be used in lieu of a will or to complement a will. An estate planning lawyer can help you set up an ILIT, which is an irrevocable trust...

5 Important Elements of a Will

Less than half of adults in the United States report having estate planning documents that include a will. If you haven’t yet begun to explore preparing one, the impact of foregoing this step could be significant for loved ones left behind. Below, we go over...