Tag Archives: living trust

Why Your Marital Agreement Should Be a Part of Your Estate Plan

It is not uncommon for couples to enter into marital agreements stating what property is separately owned by each spouse and the property rights each spouse will have in the event of separation, divorce, or death.

They are most common when one or both of the spouses is wealthy, owns a family business, or expects a...
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What is Ancillary Probate and How to Avoid It

Many people own property in more than one state -

perhaps a vacation home in Florida, a rental property in a former home state, or even a car titled in another state. It is important to think about how that property will be handled as you create an estate plan. Without proper planning it may be necessary...
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What Kind of Assets Should I Include in My Living Trust?

A few weeks ago in our blog, we discussed how to fund a living trust. To recap briefly, a living trust is basically a container with very specific instructions for how to handle the assets inside. If nothing is ever put inside the container, then the trust becomes useless. Many different types of assets...
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