Tag: Estate Plan

Revocable Living Trusts and the Asset Protection Myth

Undoubtedly the use of Revocable Living Trusts in estate planning has become an inexpensive, yet valuable, alternative to a Last Will & Testament for middle class Americans. The major benefit to using a revocable living trust is probate avoidance. Decades ago, one would only see the most wealthy individuals using trusts for the transfers of

Ideas for Talking to Your Kids About Estate Planning During the Holidays

One of the most challenging decisions about the estate planning process is how to effectively discuss your plans with your children. If you are spending quality time with your children this holiday season, you may consider using this time to have an open conversation about your estate plan. While there is no best way to

Muhammad Ali’s Fortune: What do we know?

MUHAMMAD ALI’S FORTUNE: What will we get to know about it? What we may all get to learn about Muhammad ‪Ali‬’s ‪fortune‬ depends in large part upon how he arranged his affairs. If he failed to arrange his affairs like Prince (or what is being reported about Prince) we may get to know quite a bit about Ali’s