Here’s how unpaid debt is handled when a person dies

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How Much Will Probate Cost Me?

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How to Administer an Estate

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Simple Asset Protection Techniques

September 5, 2017 - Many of the traditional forms of estate planning can be used effectively as asset protection techniques. Gifts of property not intended to defraud creditors remove the assets from your estate. If your child owns the farm, it is no longer at risk from your creditors – although your son’s creditors and his spouse may pose … Continue reading "Simple Asset Protection Techniques"

How are the trustees and successor trustees selected?

August 23, 2017 - A Trustee is a person or institution selected to follow the instructions provided by the declaration of Trust. A Trustee has a very high “fiduciary duty” to act with the utmost good faith in dealing with the Trust estate. Many grantors and their respective spouses act as the initial Trustees of a revocable living Trust. … Continue reading "How are the trustees and successor trustees selected?"

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