by admin | Feb 8, 2022 | Trusts
One of the many factors to consider when setting up a trust is whether to make it a grantor trust or a non-grantor trust. While a grantor trust is more common, a non-grantor trust can be useful in certain circumstances. A grantor trust is any trust in which the... by admin | Feb 5, 2022 | Estate Planning
While an inheritance is usually desired, there are some circumstances in which it might be unwelcome. If you don’t want an inheritance, you must disclaim it. Most people who receive an inheritance are honored, but for some, it can be more of a burden than a... by admin | Feb 3, 2022 | Estate Planning
Acting as an agent under power of attorney is a big responsibility and it isn’t something everyone can take on. It is possible to resign or refuse the position. There are two main types of powers of attorney – financial and medical. As the agent under a power of... by admin | Jan 29, 2022 | Trusts
One of the most important roles in a special needs plan is that of trustee, the person who administers a special needs trust (SNT). Of a trustee’s many responsibilities, record-keeping is perhaps the most crucial. Because the trustee is managing accounts on behalf of... by admin | Jan 27, 2022 | Guardianship, Special Needs
Being appointed guardian of a loved one is a serious responsibility. As guardian, you are in charge of your loved one’s well-being and you have a duty to act in his or her best interest. If an adult becomes mentally...