For some people, such as authors, songwriters, artists, inventors and others who owe their success and wealth to their own creativity, estate planning is about more than leaving tangible assets to their loved ones and other beneficiaries. They may have intellectual...
Month: May 2021
What is a spendthrift trust, and why do people use them?
You might think of a trust as a tool for the incredibly wealthy, but it might be useful for your family circumstances even if you're a middle-class, working American. Some people create special trusts when they have family members who don't manage money well. ...
Do you need to put odds and ends in your estate plan?
Estate planning for major assets likely feels simple. You can write a will leaving your home to your children. You can add in things like investments, vehicles, bank accounts and more. But what about smaller assets? Most people own thousands of dollars worth of odds...