Understanding the 3 Primary Classes of Trusts
When people think about estate planning, a will is usually the legal document that first comes to mind. In reality, an effective estate plan should include additional elements, such as a trust, power of attorney, healthcare directives, and beneficiary designations.
Should You Consider a Spousal Lifetime Access Trust?
Estate planning can be difficult. No one likes staring down their own mortality, but thinking about how you want to pass on your legacy after you’re gone is a necessary part of financial planning.