by Trust Counsel | Apr 24, 2022 | Articles, Asset Protection, Family
Whether it’s to qualify for Medicaid, avoid probate, or reduce your tax burden, transferring ownership of your home to your adult child during your lifetime may seem like a smart move. But in nearly all cases, it’s actually a huge mistake, which can lead to dire...
by Trust Counsel | Apr 10, 2022 | Articles, Asset Protection, Family, Financial, Probate
In today’s highly litigious society you are at near-constant risk for costly lawsuits—even if you’ve done nothing wrong. This is especially true if you have substantial wealth, but even those with relatively few assets can find themselves in court facing a potentially...
by Trust Counsel | Mar 27, 2022 | Articles, Asset Protection, Estate Tax
Although many strategies to save on your income taxes must be locked in before the end of the year, there are still numerous ways you can reduce your tax bill right up until the filing deadline, which has been pushed back to Monday April 18th due to a holiday on April...
by Trust Counsel | Mar 20, 2022 | Articles, Probate, Trusts, Wills
Unless you’ve created an estate plan that works to keep your family out of court, when you die (or become incapacitated) many of your assets must go through probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be...
by Trust Counsel | Mar 13, 2022 | Articles, Asset Protection, Financial, Probate, Trusts, Wills
Unless you’ve created a proper estate plan, when you die many of your assets must first pass through the court process known as probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open...
by Trust Counsel | Mar 4, 2022 | Articles, Asset Protection, Estate Planning, Family, Inheritance
Over just the last two years, we’ve seen historic levels of damage caused by natural disasters in the U.S. From blizzards in Texas and wildfires in California to hurricanes in Louisiana and tornados in the Midwest, few regions of the country are immune to such...
