As you emerge from the bankruptcy process, you may wonder how your current financial status can affect your ability to make major purchases. While buying expensive things might be the last thing on your mind, something like a vehicle may be necessary. For most...
Month: December 2024
How can a spousal lifetime access trust benefit your estate plan?
Establishing a spousal lifetime access trust (SLAT) can be a smart move for many couples looking to enhance their estate plan. SLATs offer a way to protect assets, provide income for a spouse, and reduce estate taxes, making them a valuable tool in planning for the...
How parents can prevent their kids from fighting over their estate
Parents who have multiple children have probably spent decades resolving their conflicts. Children of all ages fight over who gets the last slice of pizza or who broke the vase in the living room. Contentious dynamics can often continue into adulthood. Adult children...