Sep 20, 2022 | Insights
Answer: False. While both a will and a trust can give instructions about how you want your property to be distributed upon your death, one of the biggest differences between a will and a trust is that a will has no effect until the time of your death. A trust, on the...
Sep 13, 2022 | Insights
Answer: True. Every state has default laws (called intestacy laws) that kick in if a person has not made their own estate planning choices. These laws are designed with a “one size fits most” situation in mind. For example, if you are married, your spouse will usually...
Aug 30, 2022 | Insights
Estate planning is definitely not a one-size-fits-all kind of deal. Every family has unique dynamics and circumstances that must be considered and examined when preparing an estate plan. As our lives evolve, so too do our needs and goals, which means an estate plan...
Jul 12, 2022 | Insights
A spouse’s death creates a difficult and demanding time for the surviving partner. As much as you might want space and time alone to process your grief, you may have certain responsibilities related to settling your deceased spouse’s affairs, including paying off...
Sep 7, 2021 | Insights
A loved one’s passing is felt by their entire surviving family. But when it comes to carrying out the decedent’s final wishes, not everyone has an equal say. In fact, in many cases, only one person—the executor, or personal representative, of the estate—plays a role...
