I'd first decide what assets you'd like to transfer to your Trust. These would include investible assets such as mutual funds, stocks, bonds real estate and perhaps Cash. I would suggest you name yourself as the TRUSTEE and BENEFICIARY. As...
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One Type of TRUST for your Businesss
The first TRUST we will cover is a Trust you can change, A Revocable Trust. We should begin with what exactly a TRUST represents. A TRUST is actually a legal agreement. In this arrangement, you, The Grantor, set certain properties...
Your Will In Succession Planning
Our last entry discussed dying INTESTATE or dying without having a will. Unfortunately, 75% of people pass away without a will. I would hazard a guess that some percentage of them feel they can simply write their own will. This...
Death During Intestacy
Yes, You read that title correctly. If you die without having a VALID, written will, you technically die INTESTATE. This means you die without a Will. But the situation is even worse than you might think. If you die without...