What Happens When Your Trust is Not Properly Funded?
What is a Living Trust? A Living Trust is a vehicle created to hold and protect your stuff for your kids without court involvement. Trusts allow you greater control over what happens both during your lifetime and after your death. They protect your assets, which helps your loved ones avoid probate. Trusts also allow you […]
I Just Bought a House. How Do I Put it in My Trust?
If you’ve had any experience dealing with the housing market, you know how daunting the process can be. If you’ve recently bought a home, you’re probably still trying to get settled, on top of handling new payments and filling out all kinds of paperwork. Amidst all the chaos and excitement of moving, there’s another […]
Asset Protection Planning
What is Asset Protection? Different methods used to protect someone’s assets from creditors in the event of a divorce, lawsuit, bankruptcy, or other debt-incurring events. These methods include: Insurance – policies can provide coverage for damage Business entities – corporations, LLCs can help protect business assets Transferring property titles – someone else legally owns the […]