What Is a Trust

What Is a Trust

Cristyn: Hi. Today we’re going to talk about what a trust actually is. A trust does allow you to say who you want in charge when you pass away of distributing your assets and where you want your assets to go. Think of a trust as a living entity, so it’s...
A Document Generator, A Bad Idea

A Document Generator, A Bad Idea

Nicole: I have clients come in and ask me why they should not use online generators to make their estate planning documents. The biggest reason is because you probably don’t know exactly what that document says. When you meet with an attorney, we walk you...
How to Fund a Trust

How to Fund a Trust

Cristyn: When it comes to funding a trust, we’re going to be looking at really three different types of assets and how they get to the trust. Real property, typically, we’re transferring it into the trust if you already own it when the trust was created....
Minors as Beneficiaries

Minors as Beneficiaries

Nicole: It’s very common for people to put their minor children as beneficiaries on their life insurance, for example. While that seems like a good idea, it actually is not because minors cannot inherit. If something happens to you while your kids are still...
Failure to Have a Will Horror Story

Failure to Have a Will Horror Story

Cristyn: Once upon a time, no, that’s how fairy tales start. This is a horror story about a family where dad had three children, two daughters, and a son. During dad’s lifetime, his son passed away, leaving behind a son of his own. We’re going to...