May 8th, 2019

TOD or Living Trust?

How do you keep assets out of probate? If this question is on your mind, you should know that there are two basic ways to achieve that objective. One, you could create a revocable living trust. You can serve as its trustee, and you can fund it by retitling certain accounts and assets into the … Continue reading “TOD or Living Trust?”

April 10th, 2019

Teaching Your Heirs to Value Your Wealth

Some millionaires are reluctant to talk to their kids about family wealth. Perhaps they are afraid of what their heirs may do with it. If a child comes from money and grows up knowing they can expect a sizable inheritance, that child may look at family wealth like water from a free-flowing spigot with no … Continue reading “Teaching Your Heirs to Value Your Wealth”