The executor of an estate has to do a lot of time-consuming work. They have to show up for court hearings, communicate with creditors and maintain records of how they distribute the estate assets. Typically, the individuals who assume such positions need to be...
Month: October 2022
Month: October 2022
Why do so many people feel guilty about their inheritance?
Even people who take the time and effort to put an estate plan in place too often don’t talk to their loved ones about it. It’s uncomfortable for some people, particularly older generations, to talk about money. Further, loved ones sometimes resist attempts at...
How do irrevocable trusts protect assets from creditors?
When you leave your heirs assets and property through a will, you expect them to properly manage the wealth you worked so hard to acquire and, if possible, pass it down to future generations. However, unexpected life events can come in the way of that. Picture a...