by Lauren Jackson | Oct 20, 2021 | Estate Planning, Joint Trust, Revocable living trust, Trusts, Wills
In 2008, Congress recognized the need for the public to understand the importance and benefits of estate planning by passing House Resolution 1499, which designated the third week of October as National Estate Planning Awareness Week. Nevertheless, according to a 2021...
by Lauren Jackson | Mar 23, 2017 | Estate Planning, intentionally defective grantor trust, Trusts
An intentionally defective grantor trust (IDGT) is a very interesting estate planning tool. It can be used to freeze certain assets for estate tax purposes, but not for income tax purposes. It is best used, for example, for a business that you own that is expected to...
by Lauren Jackson | Mar 16, 2017 | Divorce, Estate Planning, Trusts, Wills
In the aftermath of a divorce, updating your estate plan may not be at the forefront of your mind. You may still be distraught and emotionally and/or physically exhausted. However, many clients don’t realize what could result if they don’t update their...
by Lauren Jackson | May 19, 2016 | Estate Planning, Revocable living trust, Trusts
There really is no set dollar amount before it makes sense for you to incorporate a revocable trust into your estate plan. Whether you are married or single, old or young, have a small or large estate, just about everyone can derive some benefit from a revocable...
by Lauren Jackson | Oct 5, 2015 | Estate Planning, Trustee, Trusts
If you happen to be a beneficiary of a trust and you feel the trustee is not acting appropriately by either not following the terms of the trust, or is taking advantage of his or her authority, there may be a way to get the trustee removed from his or her position....
by Lauren Jackson | Sep 15, 2015 | Estate Planning, Revocable living trust, Trusts
A revocable living trust is a document that I can put together based on how you want to leave your estate. It is called a revocable living trust because you make the document when you are alive, you put your assets into it while you are alive and it can distribute...
