by Vail Gardner | Feb 17, 2022 | Estate Planning
When you draw up a trust to protect your assets, you also protect your heirs’ future. You may act as a trustee of your own revocable trust. However, your successor trustee will handle the trust after you die. It’s crucial to name a qualified successor trustee since...
by Vail Gardner | Feb 12, 2022 | Estate Planning
Trusts are a popular legal tool that can significantly help you and your family. A Living Trust keeps your family out of probate court, your estate private, and can help manage money for heirs that can’t handle a lump sum inheritance. An irrevocable trust can do even...
by Vail Gardner | Feb 5, 2022 | Estate Planning
If you set up a trust and appoint a trustee, you expect that the trustee will fulfill the terms of the trust. You expect the trustee to respect the beneficiaries by giving them distributions as you decided in the trust’s language. And in general, that is what happens...
by Vail Gardner | Jan 26, 2022 | Estate Planning
Trusts are the perfect vehicle for creating a legacy for your family’s future. A properly drawn-up trust can help individuals and couples avoid taxes, pay less for long-term care, avoid Medicaid recovery, skip probate and administrative court costs, and control...
by Vail Gardner | Jan 19, 2022 | Estate Planning
Individuals meet with their attorneys to draw up a trust for many reasons. Perhaps you are trying to avoid probate court for your estate or using a trust to shield assets from taxes. Whatever your reason, a trust is a legal framework that holds and protects your...