Our Estate Planning Blog
Becoming a parent means taking on a whole new level of responsibility. After all, you’ve now got a new life in your hands and your child is dependent on you for everything.
Estate planning is not only for the wealthy—everybody can benefit from ensuring their assets and finances are properly taken care of after their death.
In past generations, families were very close, there were few estates that had any tax liability, and children respected their parents’ wishes, both before and after the parents passed away.
Sometimes you have to hold the reins tight, especially when it comes to money. A spendthrift trust does exactly that.
If you haven’t looked at your will or estate plan lately, now is a good time to do so.
Do not put off finalizing and signing your estate planning documents, just because you have reached an impasse on who to name as trustee.
Copyright © IMS. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. Some artwork provided under license agreement.
