by Trust Counsel | Jul 5, 2023 | Articles, Asset Protection, Estate Planning, Family, Inheritance, Trusts, Wills
If you have a current estate plan, I’ll bet you plan to leave your assets to your children outright and unprotected by age 35, or maybe a little later. Go take a look at your estate plan, and see what it does right now. And, if you don’t have an estate plan, and...
by Trust Counsel | Jul 5, 2023 | Articles, Asset Protection, Estate Planning, Family, Health Care Directive, Trusts, Wills
As a parent, you are quite accustomed to managing your children’s legal and medical affairs, as circumstances require. If your child requires urgent medical attention while away from you, a simple phone call authorizing care can do the trick. But what happens...
by Trust Counsel | Jul 3, 2023 | Articles, Estate Planning, Estate Tax, Trusts
Being asked by a loved one to serve as Trustee for their Trust upon their death can be quite an honor, but it’s also a significant responsibility—and the role is not for everyone. Indeed, serving as a Trustee entails a broad array of duties, and you are both ethically...
by Trust Counsel | Jun 29, 2023 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Financial, Inheritance, Trusts, Wills
As we near the fourth of July and continue to stock up on hotdogs, fireworks and ice-cold beer, here at Trust Counsel we thought we should add a dash of quirky celebration to our Independence Day festivities. Why not honor the founding father himself, George...
by Trust Counsel | Jun 28, 2023 | Articles, Business Succession, Estate Planning, Financial
If you’re looking to expand your business or free up your time (or both), the best thing you can do is hire support. When hiring, you need team members you can count on to run your business when you aren’t there – an essential component of being a successful...
by Trust Counsel | Jun 28, 2023 | Articles, Estate Planning, Family, Financial, Inheritance, Probate, Trusts, Wills
Including a Trust as part of your estate plan is a smart decision. It allows you to avoid probate, maintain privacy, and distribute your assets to your loved ones while also providing them with a lifetime of asset protection, if you choose it for them. But, here’s the...