Beneficiary Designations: the Hidden Trap

More and more of us recognize the need for careful, methodical estate planning. We prepare our wills and trusts. We labor over who should be guardians for our children and who should be trustees and executors. We decide how and when our children or other loved ones...

Trusts

What is a trust? A trust is that relationship formed when one person (the “trustee”) receives legal title to certain assets and has the duty to use or keep those assets for the benefit of another person (the “beneficiary”). The property owner...