by Monique | Apr 18, 2019 | Avoiding Probate, Estate Planning, Revocable Trusts
An Assignment of Personal Property assigns all of your personal property to your trust, except for vehicles like automobiles, boats and jet skis. This usually avoids the burdensome task of inventorying, appraising and probating expensive items like electronics and...
by Monique | Apr 15, 2019 | Avoiding Probate, Estate Planning, Revocable Trusts
Your Revocable Trust (also called a Living Trust) is a valuable tool that helps you manage assets during life and upon your passing. The trust will use your social security number during your life and all losses and gains will be reported on your tax documents as if...
by Monique | Jun 4, 2018 | Avoiding Probate, Estate Planning for High Net-Worth Individuals, Minimizing Tax Exposure, Revocable Trusts, Transferring Wealth to the Next Generation
In a world where estate tax only applies where an individual US person has over $11 million in assets (or $22 million for a married couple), the main focus of estate planning clients is often avoiding probate and the fees that come with it. (Attorneys’ fees in...
