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Author: Kari Voorhees

Home Articles Posted by Kari Voorhees (Page 43)
Husband and wife discussing a living trust or revocable trust

Revocable Living Trust: Who Should My Successor Trustee Be?

Kari VoorheesNo Comments

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…

Maserati luxury car depicting trust fund baby wealth

Why Trust Fund Babies Are More Independent

Kari VoorheesNo Comments

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…

Business Owner representing importance of estate planning

Why Small Business Owners Must Consider Estate Planning

Kari VoorheesNo Comments
Small business owners overlook the importance of estate planning.  Tony owned a small dental practice.  He was married with two young children.  He worked out regularly and appeared to be in perfect health.  One night, Tony had a massive heart attack.  Unfortunately, he was placed on life support.  The trauma and stress of the event...
Young family working on estate plan

Protect Your Children, Get a Trust

Kari VoorheesNo Comments
Protect Your Children, Get a Trust When my husband and I sat down to write our trust, it was smooth sailing, until we discussed who the guardian of our children would be should we both die. I assumed it would be someone in my family. Unfortunately, he thought the same thing. This issue caused a...