Life is always changing -- and this is never more true than when it comes to your estate plans. When you first created your estate plan, it was reflective of your situation, your assets, the people in your life and the law of the day. If you look back three or five...
Month: September 2021
How do the 2 main types of trusts differ?
There are two main types of trusts: revocable trusts and irrevocable trusts. These trusts are both created while you’re still alive, so they’re called living trusts. The ways that they differ is in how you control your assets, the tax benefits and if you have a right...
Can I trust a chatbot to plan my estate?
Little by little, artificial intelligence (AI) is being integrated into our daily lives. Every industry is being affected by AI, some for the better. Thankfully, there are still some things that humans are much better at, like practicing law. Law seems like a...
What is probate and how is it carried out?
Distributing the belongings or money of a loved one may be one of the most difficult things an individual may do. It may be only slightly easier to carry out this important task if the loved one left a will. If there is no will, the process becomes even more...