Red Flags When Hiring a Professional to be Your Trustee
When you form a trust as part of your estate plan, one of the most important decisions you will make is who will oversee the trust’s management when you are …
Lessons Learned From The Murdoch Trust Dispute
The recent legal battle within the Murdoch family over the control of their media empire offers a compelling case study in estate planning, particularly concerning the complexities of irrevocable trusts. …
Why You Should Put Your House in a Trust
I read an article last week that there are more millionaires in Scottsdale now than ever before. Yet, every week I see luxury home purchases made in personal names, not …
Is Your Chase Account Trust-Ready?
Do you have Chase Bank accounts? If you’re considering converting your Chase Bank accounts to trust accounts, you might face some roadblocks. Chase Bank has specific requirements for establishing a …
The Legacy of Your Ashes
Did you know that a person can have some pretty cool things done with their ashes? One comic book creator had his ashes made into blue ink and used for …
Are You Worried Your Heirs will Squander their Inheritance
Studies have shown that the largest contributing factors to generational loss of wealth are a lack of communication and trust among family members and the failure to prepare heirs. Often, …
How Much Authority Does a Trustee Have Over the Stuff in My Trust?
A trustee is a person or entity responsible for managing and administering your trust according to your instructions and in accordance with state law. They are considered a fiduciaries (meaning …
Estate Planning Checklist for Multigenerational Wealth Transfers
Studies estimate that 70 percent of family wealth is lost by the end of the second generation and 90 percent by the end of the third generation. To help your …
Take Care of Yourself with the Right Estate Planning Prescription
To all healthcare workers: Thank you for all of your hard work – day in and day out (and often evenings, nights, and weekends). You tirelessly give of yourself to …
Preventing Being Sued by Your Adult Children
What if one of your kids wanted to sue you? No one thinks it will happen to them, but it happens more often than you might think. I can help …