| 5 min read

Protect Your Financial Legacy with a Spendthrift Trust

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ShareDid You Know? Research shows that people who receive an outright inheritance often squander the money.1 One study found that people of ages 20-40 lost half of all money inherited due to spending or bad investments.1 Another study found that one third of people who received an inheritance had negative savings within two years of […]

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| 5 min read

QTIP Trust: Protect Your Child’s Inheritance

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ShareWho Needs a QTIP Trust? Married people with kids from a former relationship, a blended family, tend to set up QTIP trusts. A QTIP trust allows people to leave inheritance to both the surviving spouse and children from a former relationship after death.

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Father and son estate planning
| 5 min read

What is the Difference Between a Will and a Trust?

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ShareMany people use the terms “will” and “trust” interchangeably, but these documents are very different. In many cases, it’s wise to set up both a will and a trust as components of a comprehensive estate plan. What is a will? A will is a legal document that names who you want to receive your property […]

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image of man in a wheelchair at desk working
| 5 min read

A Guide to Special Needs Trusts

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ShareSpecial needs trusts offer a solution for those who want to provide assistance to someone with special needs, while maximizing the benefits of government programs. Living with special needs involves many challenges to ensure proper care. Predicting medical expenses and evaluating resources for long-term support can be tricky and overwhelming. Regardless of age, a family […]

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estate plans
| 9 min read

Estate Plans: What You Need To Know

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ShareAn estate plan defines who you want to manage or receive your assets in the event of your incapacity or death. Did you know that “estate” is a Middle English word derived from the Latin term for status? Since the 13th Century, this archaic word has been used to describe a person’s social standing or […]

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what is a trust
| 9 min read

What is a Trust?

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ShareA trust is a legal document that allows a third party, or trustee, to handle your assets in the event of death or incapacity. Why do people set up trusts? People set up trusts to help manage their assets during their lifetime and after death. In the event of death, trusts make sure that your […]

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