TRUST INHERITANCE OR GOVERNMENT BENEFITS

TRUST INHERITANCE OR GOVERNMENT BENEFITS: WHY NOT BOTH?

Gabriel Katzner - June 28, 2021 - Estate Planning

Darnell and Laura have a 23-year-old daughter with special needs. Their daughter, Louisa, works as an aid at a local Goodwill store. She is proud of her job and earnings, but Darnell and Laura know Louisa will not have the capability or the financial means to care for herself when they are no longer here. […]

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SUCCESSOR TRUSTEE

SUCCESSOR TRUSTEE: WHAT ARE YOUR RESPONSIBILITIES?

Gabriel Katzner - June 22, 2021 - Estate Planning

Jessica Graham is meeting with her estate attorney to learn more about her role as the successor trustee for her father, John’s, revocable living trust. Jessica has been a partner in her father’s marketing business since she earned her MBA five years ago. John inherited money from his parents, which he has invested very well […]

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CHOOSING YOUR BACKUP TRUSTEE

CHOOSING YOUR BACKUP TRUSTEE FOR YOUR REVOCABLE LIVING TRUST

Gabriel Katzner - May 24, 2021 - Estate Planning

Planning for when you are no longer here can feel emotionally overwhelming. It is a magnificent gift to your family members and other beneficiaries that you are taking the time to consider your options and make an estate plan. Suppose you have chosen a revocable living trust as the best option to protect yourself and […]

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THE TRUSTEE FOR YOUR TRUST

SHOULD YOU BE THE TRUSTEE FOR YOUR TRUST?

Gabriel Katzner - May 10, 2021 - Estate Planning

Like many people, you may have put much thought into how best to protect your assets and preserve the value of your financial accomplishments for the benefit of your loved ones. When you establish a trust, someone has to administer and manage it – this article is about deciding who’s the best fit for this […]

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Choosing a Trustee

CHOOSING A TRUSTEE: FAMILY, FRIEND, OR PROFESSIONAL?

Gabriel Katzner - March 31, 2021 - Trust Administration

Trusts are legal entities into which you can transfer your property, accounts, and assets for the benefit of a living person. Many people establish trusts as an alternative to a Last Will and Testament.  Two Types of Trusts A revocable living trust is a trust you create and retain control over throughout your lifetime. A […]

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Benefits and drawbacks of putting a timeshare in a trust

BENEFITS AND DRAWBACKS OF PUTTING A TIMESHARE IN A TRUST

Gabriel Katzner - February 22, 2021 - Estate Planning

Megan and Dan are interested in purchasing a timeshare in a condominium complex on their favorite beach. They have the opportunity to buy a two-week block of time that is fixed and a one-week block of floating time. This schedule works for them as they take a vacation at the same time each year. They […]

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Keeping your financial affairs private!

KEEPING YOUR FINANCIAL AFFAIRS PRIVATE!

Gabriel Katzner - February 16, 2021 - Estate Planning

Almost all would agree that 2020 was a year like no other. The lockdowns and the relentless barrage of news about COVID-19, the death rate, and problems with health care made even the most optimistic pause to consider their own mortality. Estate planners reported that an escalating number of new clients and clients they had […]

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Refinancing two homes

REFINANCING TWO HOMES AFTER MERGING A FAMILY

Gabriel Katzner - January 11, 2021 - Estate Planning

Larry and Janae are newly married with four children between them. Janae lost her spouse to cancer two years ago. Before Larry and Janae married, Janae and her two children lived in their family home. Since getting married, Larry and Janae and all four children live in the home owned by Larry and his previous […]

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How trusts have helped athletes

HOW TRUSTS HAVE HELPED ATHLETES

Gabriel Katzner - November 2, 2020 - Estate Planning

A trust is an important estate planning tool that can protect your assets and distribute them to your loved ones according to your wishes after you pass away. When a trust is created, the trustmaker appoints someone else (the trustee) to manage the accounts and property placed inside the trust for the benefit of the […]

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