When someone adds a trust to their estate, they may have a specific estate planning goal in mind. They may want to protect certain property from a creditor's claims or prevent their loved ones from misusing an inheritance. They may even make to pave the way for an...
Month: June 2022
How to handle personal debts during estate administration
As the executor or personal representative of an estate, you have a lot of responsibility. You also have a little bit of risk. If you make mistakes in your management of estate property, creditors might actually bring a claim against you personally. Those handling an...
Tips to reduce the possibility of your family fighting over your estate
As a responsible adult, you want to ensure your family is provided for when you pass away. If you have accumulated wealth and assets through the years, it’s necessary to make sure as much of this as possible gets to those that you love. Unfortunately, sometimes the...