The QTIP Trust – Maintain Control of Your Estate while also Keeping your “Second Marriage Spouse” Happy

Estate planning for couples in a second (or later) marriage can be tricky.  Throw in children from a prior marriage and the plot quickly thickens.  One tremendous solution which allows a spouse to maintain control of his/her assets while also appeasing the other spouse is to utilize what is known as a QTIP Trust. Basics [...]

Don’t Leave Your Trust Unguarded: 5 Key Ways a Trust Protector Can Help You

Trust Protectors, while a fairly new tool in the estate planning world, are quickly becoming a wonderful protection mechanism for Arizona trusts.  At its most basic level, a trust protector is someone who may potentially, at some point in the future, serve as an appointed authority over a trust.  This authority can offer your trust [...]

2017-05-17T15:59:32+00:00 May 17th, 2017|Trusts|0 Comments

Wills vs. Trusts: A Quick & Simple Reference Guide

Confused about the differences between wills and trusts?  If so, you’re not alone. While it’s always wise to contact experts like us, it’s also important to understand the basics. Here’s a quick and simple reference guide: What Revocable Living Trusts Can Do – That Wills Can’t Avoid a conservatorship and guardianship. A revocable living trust [...]

2017-02-09T15:34:37+00:00 February 9th, 2017|Trusts, Wills|2 Comments

A Charitable Legacy Requires Planning

If you want to be remembered for charitable giving, then you should get started with an estate plan. At this time of year, it can seem like giving to charity is something done with little forethought. It can require no more than dropping loose change in a bell ringer's bowl at the grocery store or [...]

2016-12-28T01:53:11+00:00 December 17th, 2016|Trusts|0 Comments

A Bypass Trust Might Still Be Your Best Option

Relatively recent changes to federal estate tax law have made bypass trusts less popular than they used to be. However, they are still good in many circumstances. It used to be a complicated process for a married couple to get the most out of the estate tax exemption. When one spouse passed away his or [...]

2016-11-23T10:08:00+00:00 November 23rd, 2016|Trusts|0 Comments

Do You Want a Will or a Trust?

One of the first things that people have to decide when they start thinking about estate plans is whether they want to use a will or a trust. Both have their advantages. If you start asking your friends and family or look on the Internet for estate planning advice, then you are likely to receive [...]

2016-11-22T10:13:00+00:00 November 22nd, 2016|Trusts, Wills|0 Comments

Using a Pour Over Will to Fund a Trust

When you get a living trust from an estate planning attorney you will likely also get a pour over will that is designed to bequeath any assets you have when you pass away into your trust. It is important not to rely on that will as the sole means of funding your trust. Getting a [...]

2016-11-14T15:42:00+00:00 November 14th, 2016|Trusts|0 Comments

Life Insurance Trusts

Life insurance is a great way to provide your family with liquid assets after you pass away, but if the policy benefits would put your estate over the estate tax exemption, then you might consider a trust. When planning the estate of a family's primary breadwinner one of the biggest concerns is providing the necessary [...]

2016-10-18T11:47:00+00:00 October 18th, 2016|Trusts|0 Comments

What Are the Different Types of Trusts?

Learning about trusts can sometimes be difficult as there are several different types of trusts that you can get that are designed to do different things. When attorneys talk about trusts they often end up confusing laypersons with all of the legal jargon. There are many different types of trusts out there and each type [...]

2016-10-05T11:58:00+00:00 October 5th, 2016|Trusts|0 Comments