Bequest – Estate Planning Term of the Week
Posted in Estate Planning, Estate Planning Term of the Week on Apr 15th, 2010
Bequest – a gift or property, which is transferred to an heir or beneficiary under the terms of a will. Tweet
Monthly Archive for April, 2010
Estate Planning Myth #6
Posted in Estate Planning, Probate on Apr 12th, 2010
Myth: A Revocable Living Trust always avoids probate. Fact: If you have a Revocable Living Trust and it is not properly funded, all assets titled in your name at the time of your death and not titled in the name of the trust will need to go through probate. To properly fund the trust and [...]
Beneficiary – Estate Planning Term of the Week
Posted in Estate Planning, Estate Planning Term of the Week on Apr 7th, 2010
Beneficiary – A person or organization who will receive the benefits of property from an estate or trust. Tweet
Estate Planning Myth #5
Posted in Estate Planning on Apr 5th, 2010
Myth: A Revocable Trust Can Protect Your Assets From Lawsuits Fact: There are a couple of reasons why a Revocable Living Trust will not protect your assets from lawsuits: (1) You have the ability to change the terms of the trust when ever you want and you have the ability to add assets to the trust [...]