Being self-employed is no easy task. While you may have more freedom than the average worker, a lot of responsibilities lie on your shoulders. Working...
Every trust has at least one grantor, also known as the trustmaker. This is the person who creates the trust. So, the terms grantor trust and nongrantor trust can...
Being chosen as a trusted decision-maker in someone's will is an honor. However, it comes with great responsibility. Being an executor demands foresight, organization, and attention to...
Trusts are typically established to help out loved ones, or a chosen charity, after the trustmaker passes away. However, there are some instances in which...
When creating an estate plan, many married couples want to include a trust as one of their documents. Trusts can offer many benefits, including avoiding...
Many families choose to include a payable-on-death (POD) or transfer-on-death (TOD) designation in their estate plan. Both these designations allow the assets in the account to...