When creating your estate plan, you may consider utilizing a revocable living trust. While this important estate planning document has many benefits, there are also some reasons why you may not decide to use a revocable living trust in your own planning. Take a look at some of the information below to help you better decide. If you have any questions or if you’d like to create a revocable living trust, meet with an estate planning attorney. You may wish to create a revocable living trust … [Read more...] about Is a Revocable Living Trust for Me?
The “I love you” will is NOT a good way to leave assets to your spouse. An “I love you” will is as simple will that provides all assets to go directly to the spouse. If the spouse is not then living, the assets go to the children. Why you shouldn’t leave your assets to your spouse: Outright assets often never reach children. Children are often unintentionally disinherited by their parent and intentionally disinherited by a step-parent. Instead, pass the assets to your surviving spouse in … [Read more...] about Why You Shouldn’t Leave Your Assets to Your Spouse