Like many people, you may equate the concept of estate planning with creating a plan for the distribution of your estate assets after your death to ensure that loved ones are provided for in when you are gone. This is certainly understandable as that is one of the primary functions of the average estate plan. [ ] The post Vero Beach Living Trust Lawyers How a Living Trust Can Help with Incapacity Planning appeared first on Kulas Law Group.
If you work hard throughout your lifetime, save frugally, and invest wisely, you undoubtedly want the assets you manage to accrue as a result to benefit your family, both over the course of your lifetime and when you are gone. Unfortunately, there are numerous ways in which that simple hope could go unfulfilled – particularly [ ] The post Vero Beach Living Trust Lawyers: Using a Trust to Keep Assets in the Family appeared first on Kulas Law Group.
If you’ve been designated to serve as the trustee for a living trust, it’s important to understand exactly what that job entails. After all, when the trust grantor passes away, it will fall to you to properly administer the trust to ensure that it objectives are met. In many instances, however, people agree to take [ ] The post Seven Steps to Trust Administration appeared first on Kulas Law Group.
Estate planning can be a complex process for many individuals and families, and many struggle with unusual challenges that prove difficult to resolve. Often, simple estate planning tools like a Last Will and Testament are insufficient to meet those challenges, and that’s when many people turn to living trusts to meet their needs. In most [ ] The post Could an Irrevocable Trust Solve Your Estate Planning Problems? appeared first on Kulas Law Group.
If you’re thinking about estate planning in any serious sort of way, then chances are that you’ve considered a trust at some point in your deliberations. As living trusts have grown ever more flexible in their ability to meet a variety of estate planning needs, they’ve become essential components of many people’s long-term end-of-life and [ ] The post Seven Reasons You Need a Living Trust Lawyer appeared first on Kulas Law Group.
One of the most difficult challenges any of us face is the need to properly plan for the distribution of our assets when we die. End-of-life and estate planning concerns often tend to go unaddressed by most people, since they usually involve subjects that most of us would rather avoid. The problem is that those [ ] The post Can Florida Trust Law Help Enhance Your Estate Plan? appeared first on Kulas Law Group.
Many people begin their estate planning efforts with just a handful of goals in mind. These typically include things like avoiding probate and ensuring that assets get properly distributed to their heirs. Some take it a step further and look for ways to mitigate tax obligations or take care of certain heirs that need more [ ] The post Why the Asset Protection Trust Should Be Part of Your Estate Planning Strategy appeared first on Robert J. Kulas.