How do wills and trusts differ?

An adult who is creating an estate plan is faced with many decisions. One of these involves determining how to better ensure that their assets are passed down to their intended recipients effectively. While it’s possible to give some assets away before they pass away,...

How do irrevocable trusts work in an estate plan?

Irrevocable trusts are an important tool in estate planning because they offer a range of benefits to the creators of the trusts and their beneficiaries. Unlike revocable trusts, irrevocable trusts can’t be altered, amended or terminated once created absent the...