Our Estate Planning Blog
Sometimes you have to hold the reins tight, especially when it comes to money. A spendthrift trust does exactly that.
Your obligations to your family or loved ones do not stop, even if you have already passed on. If your family, especially your children, are still heavily dependent on you, you can still provide for them through proper estate planning, even if you are no longer present.
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.
However, some want you to believe that you need only purchase a form to have an effective estate plan. Using this form, you are told, can save money and — best of all — the form is valid in all 50 states.
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