Category Archives: Trusts

Who’s Afraid of Probate?


After reading my last blog post, a friend pointed out that you can only understand the benefits of a living trust if you know about the process of probate, and why you would want to avoid going through it.  Probate … Continue reading

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Am I Too Young For a Trust?


This post was prompted by a question a good friend asked me.  He is in his mid-30’s with a wife, two kids, a house, and a modest retirement account.  My friend asked me if it was true that for anyone … Continue reading

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Should Your Children Wait for Their Inheritance?


Typically, our children are in the greatest financial need at the time they are raising a family.  But if we expect to see our grandchildren grow, the inheritance we plan to leave for our children won’t be available until after … Continue reading

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Estate Planning for Second Marriages


With people divorcing more often and living much longer than they did in the past, the frequency of remarriage is increasing.  This results in a greater number of blended families.  It is not uncommon now for couples to have “his, … Continue reading

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Why Use a Living Trust?


A client recently asked me whether he could avoid paying estate taxes by putting all of his assets into his living trust.  The short answer to that question is, not really.  From the IRS’s perspective, the assets in your revocable … Continue reading

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