by hoodlawkc | Will, Estate Planning
Just as over-reliance on incompetent attorneys can have a negative impact on estate taxes for failure to file, misguided reliance in the drafting or execution of a will expressing intent of the testator may have unintended consequences as well. Wills have long been...
by hoodlawkc | Living Trust, Estate Planning, Will
The use of a Revocable Trust (or living trust) in estate planning as the best Will substitute. This post builds on the information you may have read in the previous posts. Before examining the use of a revocable living trust, it is important to dispel a few...
by hoodlawkc | Living Trust, Business Planning, Estate Planning, Will
There are numerous advantages for a living trust for a grantor’s lifetime. The advantages and descriptions will help you better understand how a living trust can be of benefit to you. Property Management— Most middle-aged grantors that establish a living trust...
by hoodlawkc | Living Trust, Estate Planning, Will
There are two basic types of revocable living trusts for you to consider as a part of your estate plan. Self Declaration Revocable Trust The first is the so-called self-declaration of trust. With this type of living trust, the grantor in the trust document declares...
