What Assets are Not Considered Part of an Estate?

What Assets are Not Considered Part of an Estate

In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not pass by will —so called non-probate assets.

What Happens to a Pet when Owner Dies?

What Happens to a Pet when Owner Dies

While it’s never fun or pleasant to think about what will happen to them if the worst should happen to us, it’s very important to consider how we can ensure that they are well cared-for when and if we are no longer able to care for them ourselves.

How Does a Trust Fund Work?

How Does a Trust Fund Work

Trust funds are an important estate planning tool. They can protect your assets while you’re alive and help ensure that you leave money to your children or other loved ones after you die.

Can You Set Up a Trust After Death?

Can You Set Up a Trust After Death

In estate planning, the use of trusts to manage the distribution of assets is becoming increasingly more common. However, for many people, the idea of setting up a trust during his or her lifetime is overwhelming and perhaps even unnecessary.