The COVID-19 coronavirus pandemic makes estate planning as important as ever, but there are some special procedures we must follow to keep everyone safe.
Although there are several moving parts to fix a broken trust, the result is a much better trust that protects the beneficiaries and preserves their inheritance for them.
I have a good friend who is an experienced financial planner in my small town who has a pretty good understanding of what we do. He provides comprehensive financial planning and counseling for…
Everything looks like a nail. I recently had a conversation with a good friend who is also becoming a client. He was in the process of buying a rental house and he wanted…
Okay maybe not. But couples in states like Texas and California have at least one important tax benefit most other couples don’t have. “Tax benefit” and “California” hardly belong in the same sentence…
Over the winter holidays I traveled with my wife and oldest daughter through Spain and Portugal. Traveling to foreign countries tends to refresh my perspective on lots of things, not the least of…
Colorado’s new trust code takes effect January 1, 2019 and is generally bad for trust creators. The bad news is that Colorado’s new law further devalues privacy and protection. The good news is that the law is generally a “default” law and many of the less desirable provisions can be avoided with careful planning. The better news is that the trust can be completely avoided with proactive planning under a better jurisdiction’s laws. Read on.
Trust funding can be confusing and it’s a process that must be maintained for a trust to work. Successful funding is the difference between an estate plan that looks good on paper and one that actually does what it’s supposed to do when it really matters.
