What Is the Difference Between a Will and a Trust?

         Everyone has heard the terms will and trust, but not everyone knows the differences between the two. Both are useful estate planning tools, serving different purposes. They can work together to create a complete estate plan. Will vs Trust: When They Go Into Effect One main difference between a will and a trust is that a will goes […]

The Five Components of a Good Estate Plan

      Many people believe that their estate planning is complete if they have a will, but there is much more to a solid estate plan. A good plan should be designed to avoid probate, save on estate taxes, protect assets if you have to move into a nursing home and appoint someone to act for you […]

New Estate Planning Trend: "Ethical Wills"

More and more Americans are viewing their legacy not only in terms of valuables but also in terms of the values they can pass on. To ensure these values are communicated to their children and succeeding generations, many are now writing so-called ethical wills designed to complement conventional wills that bequeath material goods. In these […]

How Your Will Can Protect Your Children With Disabilities

         August signifies National Make-a-Will Month. For the one in five families who care for children with special needs, estate planning is crucial. Parents of a child with a disability face numerous challenges and concerns. One 2022 study found that getting sick stands among these parents’ biggest worries of what will happen to their children if they get […]