Archive for December, 2017
Estate Planning for Major Life Events
Wednesday, December 27th, 2017
Estate planning attorneys do many things. We help people structure their affairs for the various stages of their lives. When the client is starting out, we may help them establish a basic plan. This might include: A Financial General Durable Power of Attorney. This would allow someone to make financial decisions for them if they […]
Selecting a Fiduciary
Wednesday, December 20th, 2017
Often, one of the most difficult choices for a client to make is the selection of people to make decisions for them. These fiduciaries may have great control over the client’s affairs, typically at times when the client would be most vulnerable or already gone. Let’s take a look at the various fiduciaries a client […]
Two Common Mistakes with Trusts
Wednesday, December 13th, 2017
Trusts are incredibly useful tools. But, like other useful tools, they do not fit every circumstance. They must be used appropriately. For example, a hammer is an exceptional tool to use when looking to drive a nail into a wall. But, if you hit the nail with a glancing blow, the nail will bend and […]
Who Should Be the Trustee of Your Irrevocable Asset Protection Trust?
Wednesday, December 6th, 2017
There is a constant battle among lawyers as to who should be trustee of an irrevocable asset protection trust. The primary school of thought is that it should never be the grantor, and some schools of thought believe it should never be the beneficiary. We disagree with both of those positions, but we recognize the […]