It is essential to review your living trust from time to time. There is no hard and fast rule on how often to review your living trust, but we recommend every five years because finances fluctuate, family situations evolve and laws change. To help guide you through this process, we have put together the below…
Every year I vow to start my Christmas shopping earlier. If I am organized and purchase all of my gifts early, I can enjoy a stress-free holiday season. I failed again this year. I know preparing for the holiday season early will make it more enjoyable. I also know that I must not only purchase…
When creating a revocable living trust, it is common that the trustmaker(s) will serve as trustee and appoint a successor trustee to handle matters after their death. The successor trustee is the person who steps in and executes the trust administration after your death. The successor trustee will also step in should the trustmaker become…
When we think of the term “trust fund baby”, names like Hilton and Kennedy come to mind. However, setting up a trust fund for your children is beneficial even if you are not leaving them millions of dollars. Mr. and Mrs. Smith created a living trust in order to pass their wealth to their two…
