Trusts

The Real Story Behind Trust Fund Kids

When we hear the phrase “trust fund kid,” words like “entitled,” “privileged,” and “financially irresponsible” might come to mind. But another word we should associate with “trust fund kid” is “protected.” What Is a Trust Fund Kid? According to a Forbes article published in 2021 about trust fund kids, three of the most common misconceptions [...]

2023-11-10T20:01:57+00:00Trusts|

Do Not Become a Statistic

Estate planning is important for everyone. It is about protecting yourself, your loved ones, and your hard-earned money (even if you do not have a lot of it). However, the numbers do not lie: most people do not see the importance of estate planning. Whether you need to create an estate plan or update an [...]

2023-10-06T00:14:53+00:00Estate Planning, Trusts, Wills|

Hunger Action Month And Charitable Giving

September is recognized as Hunger Action Month, originally established by Feeding America in 2008. Hunger Action Month is an annual nationwide campaign that occurs each September to raise awareness about hunger in America and inspire action.[1] According to the USDA, more than 34 million people, including 9 million children, are food insecure. Food insecurity is [...]

Four Things To Consider When Using A Continuing Trust

Not all children are responsible enough to handle a large lump sum inheritance at age eighteen without some guidance. Most children would be tempted to spend it all on fast cars, designer clothes, lavish vacations, or maybe even to quit their job. It is important to educate yourself on the options available in the event [...]

2023-09-09T00:18:55+00:00Trusts|

Planning Strategies for Your Boat That Are Not Sunk

As summer approaches and open waters beckon, it is important to consider a unique aspect of estate planning that can often be overlooked—your boats and watercraft. These vessels bring you joy and unforgettable memories, but they also warrant special attention when it comes to safeguarding your legacy as part of your comprehensive estate plan. There [...]

2023-09-09T00:21:49+00:00Estate Planning, Trusts|

Nine Ways Your Estate Plan Could Breed Conflict

Friction between family members can escalate during a scorching summer heatwave. Likewise, a flawed estate plan has the potential to breed conflict, mistrust, and financial turmoil among your beneficiaries in several ways. Lack of a plan. If you fail to create an estate plan altogether, it can lead to significant disputes and confusion among your [...]

2023-07-06T19:15:42+00:00Estate Planning, Trusts|
Go to Top