Per Stirpes Per Capita : What Happens When Your Beneficiaries Pass Before You Do? A lot of people think that if they take care to name beneficiaries in their trust, will, and accounts, then they’ve covered their bases when it comes to estate planning. They think they’ve made all the decisions they need to […]
Managed well, an inheritance can be an incredible windfall. Managed poorly, it can become your worst nightmare.
One of the questions I’m often asked by people who own trust is, “what belongs in my trust?” or “what assets should be registered in a trust?” What is a living trust? It is a written legal document that partially substitutes for a will. With a living trust, your assets are put into the trust, for […]