Introduction: In the golden years of retirement, the last thing anyone wants to worry about is losing control over their lives and assets due to unforeseen circumstances. Yet, conservatorships in California can become an unexpected reality, impacting the autonomy of individuals and their financial decisions. Imagine a scenario where a couple who have spent decades […]
When we plan for the stability of ourselves and our family, we may consider writing an estate plan so that our wishes are laid out and will be abided by in the future. Estate plans can be hugely influential in ensuring that what you have built over a lifetime gets passed down to future generations […]
Your attorney might suggest appointing a Trust Protector to your estate plan for added benefits. Discover the dynamic role and responsibilities of a Trust Protector, which extends beyond that of the Grantor, Trustee, or Beneficiary. A Trust Protector, typically an impartial third party, assumes one or both of the following functions: When should you consider […]
Asset protection trusts are a legal method for a grantor of a trust to put valuable property into trust under the care of an independent trustee while giving the grantor access to the property as a beneficiary. An asset protection trust is a crucial estate planning tool for any person or married couple who owns […]