Category Archives: Estate Planning

Revocable or Irrevocable Trusts

Irrevocable trusts are the easier of the two to understand. After you place property into an irrevocable trust, you can’t retrieve the property. For all intents and purposes, that property now belongs to the trust, not to you! With a revocable living trust, the person creating it can later change his or her mind regarding not

Where to store your Will

Many people believe that there is no safer place then to store a Will then in a safe deposit box. Yes, there are few safer places then a safe deposit box, however it is too safe. The issue with storing a Will in a safe deposit box is after you pass your personal representative is

Trusts

Conceptual symbold home made from black and white hands isolated over white background   A trust is a relationship whereby property is held by one party for the benefit of another. A trust is created by a settlor, who transfers property to a trustee. The trustee holds that property for the trust's beneficiaries.   An owner of property that
 
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