All in Trusts

3 Celebrity Probate Disasters and How to Avoid Them

Proper estate planning is key no matter what your income level is. Some of the world’s richest and most famous people enter the pearly gates with no estate plan in place, while others have made estate planning mistakes that tied their fortunes and heirs up for years in court. Take a look at three high-profile celebrity probate disasters and learn how you can be a celebrity to your family by securing your legacy the proper way.

Why You Need a Trust

Trusts are not simply just about avoiding probate. Creating a trust can give you privacy, provide ongoing financial support for loved ones, and protect you and your property if you are unable to manage your own assets. Simply put, the creation of a trust puts you in the driver’s seat when it comes to your assets and your wishes.

Keeping the Peace After You Are Gone

A will or trust contest can wreak havoc on families. The conflict can result in possibly irreparable resentment and loss of familial communication. Careful estate planning can help you substantially reduce the risk, or even avoid this problem entirely. Read on to find out ways to you can build your estate plan to keep the peace and minimize family conflicts after you’re gone.

How to Choose a Guardian for Yourself

Every day we make hundreds of decisions from what to eat for breakfast to where we go on vacation.  But, what will happen if you can’t make decisions for yourself?  Before that time comes, there is one important decision you need to make. Who do you want to serve as your guardian? Read on to learn about the type of person that should make decisions for you when you can’t make them for yourself.

Blended Family Concerns Handled By A Well-Drafted Trust

It is important to understand that blended families and subsequent marries create important and unique issues when it comes to estate planning. You may need to account for a prior spouse who is still caring for minor or disabled children, and also possibly make sure your current spouse and any children you had together – and any step children – are also taken care of after you pass away. The good news is that estate planning can take all of these factors into account.