FAQ / News

Do Revocable Trusts Protect Assets From Creditors?

The decisions you make when setting up your estate plan have a powerful effect on the legacy you leave behind to your loved ones and heirs. A proper estate plan can help to ensure that your end-of-life financial needs are met, your final wishes seen to, your assets protected and your children and other heirs …

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Can a Trust Protect Your Assets During Divorce?

Dividing marital assets is an important part of the divorce process. Though the standard procedure is to distribute assets equally between spouses, a trust may be able to protect your assets from division. So, can a trust protect assets in divorce? Asset division according to divorce law can be complicated, but we’re here to shed …

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How Does Probate Court Work?

Probate is the court-supervised process of collecting a decedent’s property and assets and distributing them to their beneficiaries. Unless there are family members fighting over the assets, there’s very little actual court time involved. Probate is mostly paperwork. If probate does move to court, however, the process is a little bit different. Find out how …

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What is the Difference Between Revocable and Irrevocable Trusts?

If you’re looking into estate planning, understanding the difference between revocable and irrevocable trusts is vital to your family’s future. If you select the option that doesn’t align with your goals, you could end up with considerable tax and legal penalties. In most cases, the revocable living trust will become irrevocable if the trustmaker dies, …

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What Happens if Someone Dies Without a Will?

When someone dies without a will, especially with a spouse or children, it can be stressful for the person left to distribute the estate. This is known as “intestate,” and means that laws of the state where the deceased resided will determine the property distribution, such as bank accounts and real estate. To fully understand …

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