Do Irrevocable trusts avoid probate?
Do Irrevocable trusts avoid probate? Trusts are normally used as part of an estate plan. Trusts help offer multiple benefits to the beneficiaries of a decedent upon death. Such as avoidance of probate as well as potentially avoiding payment of estate taxes. Benefits to the decedent include the ability to control how the trust assets […]
Choosing the Right Executor for your Estate
As you work on your will, you will need to name an executor for it. Your will’s executor is the individual who is tasked with distributing your assets after you pass and ensuring that all of your desires, as detailed in your will, are met. Most individuals name their spouses or an adult child as […]