Category: Estate Planning
3 Famous Pet Trust Cases and the Lessons We Can Learn from Them
Posted on: December 07th, 2016
3 Famous Pet Trust Cases and the Lessons We Can Learn from Them Not long ago, pet trusts were thought of as little more than eccentric things that famous people did for their pets when they had too much money. These days, pet trusts are considered mainstream. For example: in May 2016, Minnesota became the…
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5 Mistakes Made by Successor Trustees and How to Prevent Them
Posted on: November 07th, 2016
5 Mistakes Made by Successor Trustees and How to Prevent Them When establishing a trust, you need to give serious thought to choosing your successor trustee—the person who will administer your trust once you’re no longer able to do so. This individual ideally should be: ● Someone you trust implicitly. ● Someone who is organized, responsible and…
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How to Stop Worrying About Running Out of Money in Retirement
Posted on: September 01st, 2014
Many retirees today worry about having enough money for their retirement. A major concern is assuring there will be enough money for the surviving spouse. This is called ‘shortfall risk,’ and it is a valid concern. People are living longer and health care costs continue to rise, especially long-term care which many seniors will need. In…
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