There is no difference between a trust and a living trust. “Trust” is used as an umbrella term that encompasses trusts such as living trusts, special needs trusts, and joint trusts, to name only a few. Trusts are...
Category: Trust
An Irrevocable Trust Can Help Protect Your Assets
November 29, 2019
Let a Springfield Irrevocable Trust Attorney Help You Plan Your Estate Establishing a trust is one of the most common and effective ways of protecting assets. And when even higher levels of asset protection are necessary, an...
Splitting a Farm to Keep It in the Family
August 17, 2016
Farmers who have more than one child have an estate planning dilemma. The most valuable property they have is almost always the land and the farm equipment. If all of the children are not interested in farming, it can be...
Be Wary of Living Trust Scams
April 27, 2016
Many seniors in the U.S. fall victim to living trust scammers who scare and intimidate their victims into purchasing worthless, unnecessary trusts. Seniors need to know what to look out for to avoid being victims. Going...
Worry in Detroit over Lions’ Succession Plan
April 8, 2016
The Detroit Lions say that there is a succession plan in place for when the current owner passes away. They are not saying what that plan is, which might cause some concern for the NFL. Like other professional sports leagues...
Lessons in the Redstone Saga
March 5, 2016
The family life and drama of Sumner Redstone is currently being played out in the media and on Wall Street. It is not the first time that a self-made billionaire's personal life has made the news and harmed his business...
Tax Time Can Also Be Estate Planning Time
February 27, 2016
One of the best times to review your estate plan or to get one, if you do not already have one, is when you are doing your yearly taxes. Even if you have the assistance of an accountant, filing your income tax return can be a...