What is irrevocable life insurance trust (ILIT)? ILIT is a tool in estate planning that protects your life insurance benefits from being subject to estate
We all know the importance of a will. This applies primarily to senior citizens, but we should all have a choice written in advance as
Power of Attorney is a legal document that essentially states that the person you name (also often referred to as a Power of Attorney but
Losing a loved one can be very hard, but the situation can be made even worse if their estate doesn’t pass through probate quickly and
While it doesn’t often happen, there is a legal process in place for the executor of an estate to resign from that position. When this
If you’ve written a will, you may feel like your estate is now protected. However, while that is true for your current situation, it’s not
One of the most difficult parts of estate planning, for some people, is determining how to divide their assets. If you have very few assets
If you have children, you likely plan on leaving your estate to them when you die. What do you do, though, if you have no
One of the phrases you may hear when learning about estate planning is dead hand control. This morbid sounding phrase may make you think of
Creating a trust is one way of ensuring that your heirs are taken care of and that at least some of your assets do not