Some Qualities to Look for in a Trustee

More than two-thirds of Americans have no estate plan, and most of those who do have only a basic will. If you you believe that your estate plan should include a trust as a supplement or an alternative to a will, choosing a trustee may feel overwhelming. Fortunately,...

When To Consider a Spendthrift Trust

When it comes to planning your estate, providing for your loved ones is a top priority. However, concerns about their financial responsibility and potential external threats like creditors or a disgruntled spouse may arise. Fortunately, there is a solution: a...

Why Unequal Inheritances Might Be Advisable

An Unequal Inheritance Could Be an Option for Your Children For most families who have more than one child, the division of assets in estate planning is usually relatively simple. All of the assets would be divided as equally as possible among your children. However,...

What is a QTIP Trust?

Is a QTIP Trust Right for Your Situation? A QTIP trust is a legal vehicle through which a deceased spouse can ensure the lifetime income of a surviving spouse. An estate planning lawyer may recommend a QTIP trust when the estate of at least one of the spouses is...