How Will Your Minor Children be Cared For if You Die Early?

How Will Your Minor Children be Cared For if You Die Early?

Anyone raising children should have a living trust. A Living Trust can be used to name the children’s guardian if you die prematurely. Also, parents can provide for their minor children’s maintenance through a Trust. You can choose a person you trust to be the Trustee. This person oversees the money used for the support, education, health, and welfare of your kids. Avoiding the cost, delay, and public scrutiny of probate are only some of…

What Does a Good Estate Plan Look Like?  | Part 2 of a 10 Part Series | The Essential Elements

What Does a Good Estate Plan Look Like? | Part 2 of a 10 Part Series | The Essential Elements

Estate planning needs vary from family to family and there are many sources that can help with your family’s succession planning. Always seek advice from a qualified attorney to determine what the elements of your trust should be included to meet your family’s specific situation.  Below are some basic elements to look for when considering the source of your living trust. This is not an exhaustive list and needs will vary among families. You can…

If You Have a ‘Will’ Your Estate Will Go Through Probate – Get a Living Trust

If You Have a ‘Will’ Your Estate Will Go Through Probate – Get a Living Trust

As far back as A.D. 800 English peasants used the Living Trust to protect their land from abusive kings and noblemen. Today it’s used by families with both large and small estates to avoid the cost, delay, and public scrutiny associated with probate.  If you have a Will, your estate will go through probate. The Living Trust Source by InSource Law recommends that all families consider a Living Trust to make the transfer of wealth…