Estate planning is an ongoing process because financial situations change, people come and go out of our lives and laws can change. Reviewing your documents and any changes in assets is important. Cars and properties must be titled in the trust, or else these things may go to probate. Do you know about HIPAA? The law has changed and your documents may need to be updated. The problem is that the new law does not allow your loved ones to get your medical information if you are incapacitated. Call us for a free trust review to see if you need these vital changes.
Updating your documents
Categories:
Related Post
Domestic Asset Protection TrustDomestic Asset Protection Trust
An alternative to titling your property into an LLC is to title it into a Domestic Asset Protection Trust. Our favorite is the Nevada Self-Settled Spendthrift Trust. The State of
Trust vs. WillTrust vs. Will
Why is the living trust replacing the will? Our clients usually choose the living trust over the will: 1) to avoid probate; 2) to avoid guardianship; 3) to avoid joint
You may need to update your Living TrustYou may need to update your Living Trust
1) Have your circumstances changed? 2) Have you made the necessary changes required by the HIPAA privacy statute? 3) Have you considered adding provisions to make your living trust better?