- What is Legacy Wealth Planning?
- What is “traditional” estate planning?
- Why do I need an estate plan?
- What is the difference between “traditional” estate planning and Legacy Wealth Planning?
- If I don’t create an estate plan, won’t the government provide one for me?
- What is a Family Wealth Trust?
- What’s the difference between having a Will and a Family Wealth Trust?
- How does a Family Wealth Trust differ from a Revocable Living Trust?
- The possibility of a disabling injury or illness scares me. What would happen if I were mentally disabled and had no estate plan or just a Will?
- Why should I have a Family Wealth Trust?
- If I set up a Family Wealth Trust, can I be my own trustee?
- Will a Family Wealth Trust avoid income taxes?
- Can I transfer real estate into a Family Wealth Trust?
- Is the Family Wealth Trust some kind of loophole the government will eventually close down?
- How do I know if I have a “bare bones” living trust?
- If I have a “bare bones” living trust should I go back to the attorney who drafted the trust?
- Is a Family Wealth Trust only for the rich?
- Can any attorney create a Family Wealth Trust?
- What steps can I take to preserve my legacy?
- Provides for the immediate transfer or trust management and distribution in the future of assets after death;
- Allows for a smooth transition of management upon incapacity or death;
- Avoids the expense and hassle of probate proceedings;
- Minimizes estate taxes and defers payment of estate taxes for married couples;
- Allows for continued control over assets after death or incapacity;
- Provides security to you and your loved ones;
- Protects your children’s inheritance from their own potential divorce;
- Safeguards your estate for your kids if your surviving spouse remarries;
- Offers flexibility.