Some Assets Don’t Belong in Your Trust
While it is very important to make sure most of your assets are “IN YOUR TRUST,” there are several assets that typically... Read More
CHOOSING A TRUSEE FOR YOUR TRUST
One of the most important decisions you will make is who will serve as your trustee. The trustee you name will play... Read More
The Trust Dr. is at it again!
W. Bailey Smith recently spoke at the Stanford University Sierra Camp in Lake Tahoe. His topic was “Is Your Trust a Ticking... Read More
Bernie Sanders Proposes to Jack Up the Taxes on the Rich
Vermont Senator Bernie Sanders proposes doubling the top death tax rate to 77% from 40% as a new way to tax the... Read More
The ABCs of Trust Administration
WHAT IS A TRUST? A trust is nothing more than a contract. If you are married, it would be a contract between... Read More
What Is Probate & How To Avoid It
WHAT IS PROBATE? Probate is required if a person has no Will. Probate is also required even if a person has a... Read More
Be Careful Trustees!
A person can make poor investments and lose their own money without liability. But if you’re a trustee of someone else’s money,... Read More
Incapacity
Modern medicine is keeping our bodies alive longer, but it isn’t necessarily keeping our minds alert for longer. As a result, more... Read More
Estate Planning – The John Wayne Problem and the Bing Crosby Solution
How to properly plan your estate today. Why was John Wayne not a good example of proper estate planning? On the other... Read More
Penny Wise, Pound Foolish
I had a client who didn’t want to pay us to transfer her 5 parcels of real estate to her trust. She... Read More