The role of a trust protector is basically what the term states — to protect the trust. Trust protectors became popular in the 1990s as offshore trusts boomed. However, now it’s considered wise for just about anyone who sets up a trust to have one. For example, say you set up a living trust for […]

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Shortly before her death this year, former First Lady Barbara Bush exercised her wishes for how she would spend whatever time she had left. In a public statement, Mrs. Bush, who had been suffering from pulmonary disease and congestive heart failure, said that she would “not…seek additional medical treatment and will focus on comfort care.” Estate […]

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Like most, you do your best to provide your elderly parent (or parents) with the at-home care they need. With this approach, you hope that he or she will be able to remain in his or her home for as long as possible. There could come a time when you have no choice but to […]

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A thorough estate plan shouldn’t just reflect your wishes for what happens after you die. It should also include directions to those caring for you if you become so ill or incapacitated that you can’t speak for yourself. That’s why an advanced medical directive should be part of your estate plan and those of your […]

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When a loved one dies, it can be confusing and stressful to find out that they did not mention you in their will. As a close family member, e.g., a spouse or a child, you may qualify as an heir-at-law. This means that you may be able to inherit from their estate even if they […]

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You and your spouse have worked hard all of your lives. You’ve given your kids everything they could have wanted and more. Unfortunately, because they’ve been so fortunate, they haven’t learned how to properly handle money. Saving hasn’t been a priority for them, nor has sticking to a budget. You want to pass on your […]

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