Estate Planning – Trusts

When building an estate plan, utilizing a trust can help you manage your estate and even your business. Trusts have the power to protect business assets and ensure smooth ownership transitions.  In other words, business owners can certainly benefit from using trusts...

Families with a loved one who has disabilities often face unique challenges when planning for the future. A special needs trust provides a way to protect assets while ensuring that essential benefits remain available. This type of trust can offer financial security...

Creating an irrevocable trust can protect assets from creditors. They also provide some flexibility for future changes. Understanding how to properly structure these trusts can offer a balance between security and adaptability. Choosing the right trust structure Your...

Many people consider including trusts to manage their assets when planning their estates. However, several misconceptions about trusts can lead to confusion and poor decision-making. Understanding these misconceptions is crucial to creating a sound estate plan. Trusts...

Your executor is whoever you appoint to oversee the distribution of your property to your heirs after you die. However, you may want to place some of your wealth into a trust. If so, you might find it necessary to name an individual to someday serve as a successor...

In the realm of financial planning, trusts are a great way to manage assets for future generations. While their primary purpose is clear-cut, some unexpected benefits are beyond the surface. Learn more about some of these surprising advantages. Privacy shield Trusts...

Estate planning is a thoughtful process aimed at ensuring the smooth transfer of assets to your loved ones after you pass. However, navigating the complex world of taxes can be a daunting task. Trusts provide a strategic avenue to minimize tax burdens and optimize...

When you work on your Maryland estate plan, you may use two important legal tools to help distribute your assets: trusts and wills. While both serve as means to transfer your wealth to your loved ones, they function differently, and there are a number of things a...

Planning your estate can be a complex task that involves making critical decisions about your assets. Among the essential tools you can use in this process are trusts, which offer a flexible and effective means of managing and distributing your assets according to...