by FamilyTrust | May 15, 2014 | Estate Plan, Trust & Estate Blog
Benefits of an Estate Plan The best estate plans are created by focusing on people, not just property. In its most basic terms estate planning is how your affairs will be managed in the event you are not around, either because of your death or incapacity. No one wants...
by FamilyTrust | Apr 23, 2014 | Estate Plan, Living Will, Trust & Estate Blog
The problem with a living will, ultimately, is that it allows people who do not understand what you want to accomplish to make decisions to end your life under circumstances you cannot know at this time without any requirement to consult your health care agent....
by FamilyTrust | Mar 7, 2014 | Asset Protection, Dynasty Trust, Estate Plan, Trust & Estate Blog
The Jackson (MS) Clarion Ledger reported last week that a bill before the state Senate would allow the establishment of “Dynasty Trusts” designed to avoid or minimize estate taxes for the first time. The bill has already passed through the House.1 House...
by FamilyTrust | Feb 25, 2014 | Estate Plan, Famous Estates
The recent death of actor Philip Seymour Hoffman clearly demonstrated how failure to have an up-to-date estate plan, whether it is will-based or trust-based, can have a great impact on those left behind, both emotional and economic. As we pointed out last week in our...
by FamilyTrust | Dec 26, 2013 | Blog Resources, Do-It-Yourself Estate Plan, Estate Administration, Estate Plan, Family Trust Online, Legacy Resources, Set Up Family Trust, Tools & Resources, Trusts and Estates, Wills and Trusts
Our FREE online estate planning software is an easy, efficient, flexible, and secure method of creating your estate plan. You can see exactly what your documents will look like, if you answered all of the questions properly and no customization is needed. Then,...
by FamilyTrust | Oct 29, 2013 | Estate Plan, Family Preparation, Family Succession, Featured Articles
Most estate planning attorneys will tell you that all you need for an estate plan is the standard set of financial and legal documents. However, using this standard over the course of history, only 30% of all inherited assets ever successfully transition to the second...