I believe the biggest reason women don’t plan is lack of education about the importance of estate planning. It is not easy to learn or speak about the possibility that one may, at some point in time, lose their independence and ability to take care of themselves. It...
Who are the parties in a trust? There are only three parties to a trust, and that’s all you need to know: 1) Trustor: This refers to the person who created the trust and put their assets into it (think “creator”). 2) Trustee: This is the person whom...
A poorly-constructed estate plan can in some cases be worse than having no plan at all. For example, let’s assume someone wants to make sure that when they pass away, their assets are inherited by their children. Now let’s assume that this person was to mistakenly...
