Entries by Michael Kling

Medical Planning in Your Estate Plan

You might think the most important reason to have an estate plan is distributing assets according to your wishes and desires, and it would be hard to disagree with that idea. We think it is also important to consider the importance of your medical documents and the role they will play in the event you […]

Titling Your Assets the “Right” Way

Once you have executed your estate planning documents, it is important to remember that the process is incomplete until you confirm how your assets are titled. Your estate planning documents cover a lot of information and give directions about how your estate should be distributed. If, however, your assets are not properly titled, or beneficiary […]

Incentivizing Your Trust Fund Kid

What do you think of when you hear the phrase “trust fund kid”? Your answer may not be a positive one. The popular stereotype lets us believe trust fund kids are over-privileged, spoiled, and never learn the value of work. Nevertheless, if your desire is to leave an inheritance benefitting your child, a trust fund […]

Pet Trusts Can Provide for Your Furry Loved Ones

It is not unusual for pet lovers to ask about providing for their beloved animal(s) as part of creating a complete estate plan. As with our non-furry loved ones, there is often a strong sense of responsibility to ensure the ongoing comfort and care of one’s animals. The way to accomplish this goal is to establish a pet trust. Yes, there really is such a thing, and pet trusts are now recognized in all 50 states.