Ten reasons why you need a trust

Christine Fletcher •
Smiling adult sisters hanging out in kitchen eating lunch

Clients often ask, “Why do I need a trust?” This question comes up even more frequently since Congress passed the Tax Cuts and Jobs Act of 2017, which increased the federal estate tax exemption amount from approximately $5 million per person to $11 million per person or $22 million per couple. Those amounts are adjusted


Six estate planning must-haves

Glenn Curtis •
Investopedia Stock Analysis
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Many people believe that having an estate plan simply means drafting a will or a trust. However, there is much more to include in your estate planning to make certain all of your assets are transferred seamlessly to your heirs upon your death. A successful estate plan also includes provisions allowing your family members to access or


A will can be a beautiful thing

CFP®, Blue Ocean Global Wealth, Marguerita M. Cheng, and CEO •

Recently, Amy Krouse Rosenthal wrote an essay for The New York Times titled “You May Want to Marry My Husband.” In it, Krouse Rosenthal, who was dying of cancer, created a dating profile for her husband in the hopes that he would find new love after she was gone. Her touching tribute went viral. Hopefully,


Putting your trust in trusts

the editors of Kiplinger's Personal Finance •

What is a trust? Essentially, it is an arrangement whereby you give assets to a legal entity (the trust) created in a separate agreement to be administered by an individual or institutional trustee for a beneficiary, who may be yourself or some other person. Well-written trusts can save time, money, and hassles by steering assets