Do You Need a Trust Fund or a Will? Or Both?
November 17, 2023
Estate planning involves both trust funds and wills to help ensure the smooth transition of assets to your beneficiaries.
Estate planning involves both trust funds and wills to help ensure the smooth transition of assets to your beneficiaries.
You’re not too young, you do have enough assets and don’t you want to make things easier for your loved ones after you pass away?
While physical disabilities may not impact a client’s ability to manage their own assets, mental illnesses and age-related cognitive impairment can eventually lead to incapacitation and the inability to manage their own assets.
Go Banking Rates’ recent article, “3 Ways to Recession Proof Your Retirement,” says there are a few moves you can make now while things are volatile and can pay off significantly down the road. Here are a few ways you can recession-proof your retirement. Have A Financial Pro Look Over
Preparing for the future supports the causes you believe in and provides peace of mind for you and your heirs.
Aretha Franklin did what she was supposed to in drawing up a last will and testament, but a crucial mistake left her multimillion-dollar estate in chaos.
If you plan to pass assets through a will, just remember that most of the time, that will becomes public once the probate estate is closed. Therefore, if you left one of your children out, left your favorite a bit more or are just a private person, you may be better off with a trust.
There are many reasons, however, to incorporate asset protection trusts into even the simplest estate plan–especially in the context of passing assets to children and grandchildren.
Estate planning not only makes things easier for your loved ones if you become incapacitated or when you’re gone, but it also does these three important things.
As Lady Bird deeds grow in popularity, it is important to discuss and understand the benefits and limitations of these deeds.
1601 N. Flamingo Road, Suite 1
Pembroke Pines, FL 33028
1601 N. Flamingo Road, Suite 1
Pembroke Pines, FL 33028