Areas
of Practice
Estate
Planning
Business Plannng
Financial
Planning
Have you asked yourself any of these
questions and want answers?
· I have a
will. Why would I want a living trust?
· What is probate?
· What’s so bad
about probate?
· Doesn’t joint ownership avoid
probate?
· Why would the
court get involved at incapacity?
· Does a durable power of
attorney prevent this?
· What is a living
trust?
· How does a living trust avoid
probate and prevent court control of assets at incapacity?
· Do I lose
control of the assets in my trust?
· Is it hard to transfer assets
into my trust?
· Does this take a
lot of time?
· Should I consider a corporate
trustee?
· If something
happens to me, who has control?
· What does a successsor trustee
do?
· Who can be a
successor trusttee?
· Does my trust end when I die?
· How can a living trust save estate taxes?
· Does a trust in a will do the
same thing?
· Is a living
trust expensive?
· How long does it take to get a
living trust?
· Should I have an
attorney do my trust?
·
If I have a living trust, do I
still need a will?
· Is a “living
will” the same as a living trust?
·
Are living trusts new?
· Who should have
a living trust?
·
Does a living trust shield my
assets from bankruptcy?
· Should I own
life insurance in my name?
·
Do I lose my homestead
exemption if I place my home in my living trust?
· Are there ways
to limit my liability exposure?
· What can incorporating my
business do for me?
· How can
insurance work in my favor?
· Are there alternatives to
reducing probate costs?
Estate planning
options:
· Revocable living trust –
individual, marital, a/b, qtip, qdot, partner AA
· Irrevocable trusts
· Asset Management Trust /
Beneficiary Trust / children’s trust
· Catastrophic Illness Trust
· Ira / Qualified Plan Trust
· Generation skipping trust
· Life insurance / wealth
preservation trusts
· Charitable remainder trust
· Special needs trust
· Life estates
· Wills/document packages
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