Choosing the right trustee to manage your assets is one of the most important steps in estate planning. What is a trustee? A trustee takes legal ownership of trust assets, manages the trust, and is responsible for carrying out the purposes of the trust.

Many people may not realize that charitable planning intersects with estate and business succession planning. Combining a charitable strategy and the sale of a business is a great way for owners to minimize taxes and provide equity for the next phase of their lives.

A trust is a legal document that allows a third party, or trustee, to handle your assets in the event of death or incapacity. People set up trusts to help manage their assets during their lifetime and after death. In the event of death, trusts make sure that your beneficiaries receive your assets according to your wishes. They can assist you in caring for dependents that may struggle with financial inexperience, addiction, or illness. In the event of incapacity, they also ensure that you get the type of care you need.

When we think about wills, many of us assume they're only necessary for the wealthy. The reality, however, is that a will is an essential legal document for anyone who owns anything of value—whether that’s a car, a house, or even a prized art collection.

Many people use the terms “will” and “trust” interchangeably, but these documents are very different. In many cases, it’s wise to set up both a will and a trust as components of a comprehensive estate plan.

As the custodians of a family’s philanthropic vision, trustees bear a distinctive responsibility. They navigate the convergence of family values, strategic decision-making, and legal obligations, all while upholding the foundation’s integrity and relevance across generations. In this blog post, we will delve deeper into the intricacies of this vital role, highlighting both the challenges and rewards that accompany being a Trustee for a Family Foundation.

Business owners devote countless hours and resources to grow a successful enterprise. However, it is equally important to plan for the future of your business. Business succession planning ensures continuity and longevity by providing a smooth transition of ownership, management, and assets to the next generation or designated beneficiary.

When it comes to safeguarding your assets and securing your legacy for future generations, an irrevocable living trust is one of the most effective tools in estate planning. By setting up an irrevocable living trust, you can retain control over your assets while protecting them…

Planning for the unexpected can make a huge difference for you and your loved ones. A will is an important estate-planning tool. By using a will, you can name the people who will receive your assets when you pass.

As the custodians of a family’s philanthropic vision, trustees bear a distinctive responsibility.

Blended families can present unique challenges when it comes to estate planning. With children, stepchildren, ex-spouses

As the end of the year approaches, it’s a great time to review your estate planning documents and tax strategies.

Creating a special needs trust allows for the distribution of funds to benefit your loved one without jeopardizing

Are you looking for peace of mind that your estate will be handled properly after you’re gone?