If you are in the fortunate position to have, or to be considering, an asset protection trust, a new court case from Texas identifies the importance of respecting trust conventions if you want to keep the protections of an asset protection trust.
If you have read our articles before, you know we believe in what we do. Although you might see it as a bit boring, helping people plan what happens to their estates is incredibly rewarding. In our view, planning and making decisions about your future will give you peace ...Continue Reading
Fighting over trust terms or an inheritance is divisive and expensive. Family members become enemies, and wealth that might have been passed on goes instead toward attorneys’ fees. In most cases, avoiding future disputes is a significant reason the settlor (the person set...Continue Reading
Most people have heard about trusts and probably know they come from the estate planning arena. The details of why to have one and what they do, however, are often unclear. Here are a few points to clarify what trusts do and how you can benefit from having a trust.<... Continue Reading
What do you think when you come across news about the value of a celebrity’s estate? When the value of real estate they own(ed) is reported publicly? Or when there is a fight over assets among heirs? You may not associate such news with your own estate plan, but you may h...Continue Reading