Tag Archives: living trust

When to Update Your Will or Trust

Friends often ask me whether they need to update their Will or Trust. Or the other side of that is the people who just don’t want to be bothered and say, “We already did our Wills” or “We already have … Continue reading

Posted in Advance Directives, Community Property, Divorce, Estate Planning, Estate Tax, HIPAA, Inheritance, Power of Attorney, Probate, Trusts, Wills | Tagged , , , , , , | Comments Off

Estate Planning Gone Wrong!

It seems like a couple of times each month I have a client tell me they could not find a completed will or trust among their deceased loved one’s papers.  But often they did find a draft of a will, … Continue reading

Posted in Estate Planning, Inheritance, Probate, Trusts, Wills | Tagged , , , , , , | Comments Off

What Type of Trust Do You Need?

There are many types of trusts and frequently a trust will include multiple characteristics.  For example, one of the most frequent classifications of trusts is by when they become effective, i.e., living trusts and testamentary trusts. A living trust or … Continue reading

Posted in Estate Planning, Estate Tax, Gift Tax, Special Needs Trust, Trusts, Wills | Tagged , , , , , , | Comments Off

What, me worry?!

Some people contacting my office with confusion in their voices are children of parents who set up a living trust and failed to communicate to their children the responsibilities they would have when mom and dad died or became incapacitated.  … Continue reading

Posted in Estate Planning, Trusts | Tagged , , , , | Comments Off