Do Trusts and Life Insurance Work Together?

Death benefits that are paid out from a life insurance policy can be considerable in nature, especially when the beneficiary receives them as a lump sum. These benefits can either be paid directly to one or more beneficiaries named on the policy, or to a trust that was created for their benefit. This is one… Read More »

I Have Only One Child: Do I Need A Will?

A valid will is almost always preferred to having no document at all, even when the creator of the will, also known as a testator, has only one child and intends to leave all assets behind to that child. It’s always advantageous for a testator to also name an independent executor who is capable of… Read More »

What Is The Minimum Cost To Create A Will?

No one can tell you the cost of completing the will in your individual state until the attorney understands the complications of your estates. If you find someone who gives you an upfront price before discussing the particulars of your individual goals, that person might not have enough experience in crafting a will for you…. Read More »

Does A Small Business Need Succession Planning?

Plenty of owners with decades of service in their business have simply closed up their company and walked into retirement. However, small businesses could be eligible to transfer on the company to key employees or even to future generations through the process of succession planning. Closing up the business doesn’t have to be the only… Read More »

Retiring Abroad? Don’t Make These Mistakes

More than ever, people are attracted to the concept of retiring outside of the United States. There are some complications that must be considered before you make the jump, however. According to the Social Security Administration, the number of people retiring abroad has increased significantly in the last decade. It’s expected that more than half… Read More »