Why Everyone Needs to Keep Their Estate Plan Updated

by Trust Counsel | May 4, 2023 | Articles, Asset Protection, Estate Planning, Estate Tax, Incapacity, Trusts, Wills

As the world and its laws continue to evolve, everyone needs to keep their estate plans up to date. An estate plan is a set of documents, such as a will or trust, that dictate how assets will be distributed upon death or incapacity. An individual’s current legal...

Revocable Living Trust Or Irrevocable Trust: Which One Is Right For You?

by Trust Counsel | May 3, 2023 | Articles, Asset Protection, Estate Planning, Financial, Inheritance, Trusts, Uncategorized, Wills

You’ve probably heard you need a trust to keep your family out of court and maybe out of conflict in the event of your death or incapacity. And, if you haven’t, you are hearing it now. If you own any “probatable” assets in your name at the time of your incapacity or...

4 Actions To Take If Your Business Is Facing A Lawsuit

by Trust Counsel | May 3, 2023 | Articles, Asset Protection, Estate Planning, Family, Financial, Incapacity, Inheritance, Intellectual Property, Trusts, Wills

If your business gets hit with a lawsuit, it can be a traumatic and costly experience. Unfortunately, in today’s highly litigious society, lawsuits are far-too common, with up to 53% of all small businesses in the U.S. sued each year, according to the Small Business...

6 Important Moves to Make on Your Estate Plan If You’re Getting Divorced

by Trust Counsel | Jan 27, 2023 | Asset Protection, Estate Planning, Family, Inheritance, Kids Protection Planning, Trusts

Your estate plan will need a few updates if you’re getting divorced. While you may not be thinking about dying yet, having an estate plan that reflects your new reality will help protect your assets and ensure the people in your life get what they need. You and...

HOW TO MANAGE YOUR DIGITAL ACCOUNTS AFTER YOUR DEATH PART—2

by Trust Counsel | Dec 19, 2022 | Articles, Estate Planning, Family, Incapacity, Intellectual Property, Trusts, Wills

If you have preferences about what happens to your digital footprint after your death, you need to take action. Otherwise, your online legacy will be determined for you—and not by you. If you have any online accounts, such as Gmail, Facebook, Instagram, LinkedIn,...