by Lauren Jackson | May 19, 2023 | Estate Planning, Revocable living trust, Trusts
Let’s be honest, estate planning can be complicated. So many major decisions must be made and so many documents should be completed. The thing about estate planning is that each individual or family’s estate plan can be designed to fit their needs. No two estate...
by Lauren Jackson | Mar 17, 2023 | Estate Planning, Trustee, Trusts
If you have a revocable living trust in place for yourself, you can generally amend your trust at any time, including the trustee. However, amendments must be properly executed based on state law and in accordance with the terms of the trust. Alternatively, if you...
by Lauren Jackson | Feb 6, 2023 | Estate Planning, Revocable living trust, Trusts
You have a revocable trust drafted, signed, and notarized. I bet you think your assets are covered; however, your work is not done yet. Completing your trust is only part one. Part two is your homework. Now, you must transfer your assets into the trust, one by one....
by Lauren Jackson | Jun 13, 2022 | Beneficiaries, Estate Planning, Real Estate, Trusts
If you are part of a group of beneficiaries (2, 3, etc.) and have inherited a parcel or parcels of real estate together, there are a variety of ways in which the real estate may be distributed. First and foremost, if the real estate is owned by a trust, the trustee of...
by Lauren Jackson | Jan 22, 2022 | Estate Planning, Revocable living trust, Trusts
If you have had your estate plan drafted recently and that plan included a revocable trust, your job is not quite over yet. One of the most important things must then do is fund your trust. If you do not fund your trust, the trust document and all your estate...
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...
