Why Joint Ownership Should Not Be the Go-To Plan for Newlyweds

Why Joint Ownership Should Not Be the Go-To Plan for Newlyweds

If you recently married or have been married for a while and have acquired additional money or property (or plan to), you have options regarding how your assets can be owned. Although joint ownership seems easy and convenient, it may not always work as well as you...
Happy 18th Birthday! Now What?

Happy 18th Birthday! Now What?

Congratulations! You are now legally an adult. Although you may not feel any different, from a legal standpoint, a great deal has changed. When you were a minor (under age 18), your parents were your legal guardians responsible for making all your decisions. Now that...
Who Should Be Your Successor Trustee?

Who Should Be Your Successor Trustee?

If you have a revocable living trust, you probably named yourself as the initial trustee so that you can continue to manage your financial affairs. However, someone else will eventually need to step in to administer your trust when you are no longer able to act due to...