Trust and Estate Planning

Everything You Need to Know About Spendthrift Trusts

What if you could protect your hard-earned assets while still providing for a loved one? Not everyone is prepared to handle a large inheritance, and financial risks like debt, lawsuits, or reckless spending can quickly drain an estate. A spendthrift trust offers a way to ensure your money is used wisely. Instead of giving full…

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Middle-aged couple at home

When Should I Amend My Existing Trust?

Life is full of changes, and as your circumstances evolve, your trust may need to evolve, too. Have you recently experienced a significant life event, like a marriage, the birth of a child, or a shift in your financial situation? These moments often prompt the need to revisit and update your existing trust. When was…

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Man typing on laptop

The Perils of Drafting an Estate Plan Using AI/ChatGPT

As artificial intelligence continues to integrate into our daily lives, tools like ChatGPT are emerging as helpers in various tasks, including drafting legal documents. But is using AI for something as crucial as your estate plan a good idea? This approach raises several concerns, from privacy issues to the accuracy of the legal content, which…

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Two people signing a document at a table.

Appointing a Power of Attorney: Key Considerations

Have you ever thought about who would manage your affairs if you were unable to? Appointing a Power of Attorney (POA) is an important step to ensure your financial decisions are managed by someone you trust, from paying bills to managing investments. This choice grants a trusted individual the legal authority to act on your…

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