A spendthrift trust is an estate planning tool you can use to protect your heirs from creditors and help ensure their financial responsibility. At The Millman Law Group, our attorneys are prepared to help you understand the advantages of spendthrift… Read More
Posts Tagged ‘Trusts’
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When Should You Use a Dynasty Trust in Florida?
Estate planning is a complex process, essential for managing your wealth and ensuring that your assets are distributed to the heirs of your choice after your death. Many elements are involved in estate planning, designed to provide the precise protection… Read More
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The 6 Most Important Steps in Estate Planning
If you want to have a say in what happens to your assets after you’re gone, estate planning is essential. Estate planning can help you plan for your future financial and medical needs while detailing your wishes for what you… Read More
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When Should You Use a Generation-Skipping Trust?
When designing an effective estate plan for your assets and your heirs, there are many trusts you can consider. Each trust is suitable for specific circumstances and desires of the individual and their family. One type of trust you may… Read More
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When Should You Start Estate Planning?
As an adult, you may wonder when you should start estate planning. Should you wait until you own a house? Until you get married or have kids? If you want to be comprehensive in planning for your future safety and… Read More
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3 Estate Planning Must-Haves for Unmarried Couples
Estate planning is often undertaken by families or spouses who share a lot of assets or property and want to ensure that everything is passed down correctly. However, unmarried couples who have been together for many years or share important… Read More
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The Advantages of Placing Your Home in a Revocable Living Trust
The primary mission of your estate plan is to determine what happens to your assets after you die. Most people have specific ideas of who will receive their assets, especially significant ones like homes. Consider placing your home in a… Read More
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Understanding the Three Roles in a Trust
A living trust can be an excellent estate planning tool. However, if you are new to estate planning and aren’t quite sure what each role in a trust means, it’s essential to understand. The distinct roles in a trust are… Read More
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3 Questions to Ask Yourself Before Estate Planning
Once you have taken the crucial first step in scheduling your first meeting with your estate planning lawyer, it’s time to ask yourself some questions. Prepare for estate planning by examining your family and estate, and ask yourself a few… Read More
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Should You Update Your Estate Plan After a Move?
Keeping your estate plan up-to-date is crucial to maintaining a plan you’re happy with. An up-to-date will, trust, and other documents will make sure that you and your family are taken care of in the event of sudden injuries, death,… Read More