Trusts

Irrevocable trusts are financial tools that many people consider for wealth management and estate planning. Once you place assets into an irrevocable trust, the trust itself becomes the owner so you give up control over those assets.  Creating an irrevocable trust...

You’re a Reston grantor in the middle of creating a trust and are considering appointing a trustee. Because trustees have to deal with responsibilities like acting as a fiduciary, communicating with beneficiaries and trust administration, you feel those are too much...

When considering estate planning, the range of options available can quickly make the process seem overwhelming. How are you supposed to decide what you truly need and what is best for you, your family, and your possessions? You might get recommendations from family...

You may have fallen in love with your home the moment you first toured it, or you may already be the third generation of your family to own this particular property. Either way, you may view your home as your most valuable possession and also have a significant...

Once the initial shock of learning about your terminal illness passes, you will have more than a fair share of worry. Two concerns that typically plague terminally ill patients are transferring assets to family members and personal medical care. Through estate...

Most children never need to spend more than a few days separated from their families until they are old enough to attend camp or prepare for college. Parents, especially married parents, tend to assume that they will support their children until they become adults....

Trusts aren't only estate planning instruments for those with millions of dollars in property. They are also valuable for professionals planning ahead for their retirements throughout New Jersey.  Many professionals in the Herdon area won't have enough in savings...

You’ve most likely worked hard for all that you possess. As well as bringing joy to your own life and immediate family, much of what you worked for is probably intended to benefit your children and grandchildren. Parents are often motivated to ensure that their kids...

Pretty much every parent wants the best for their children. Meeting their daily needs and instilling good virtues are excellent steps, of course. But, do you have contingency measures in place to ensure that your little one will continue receiving amazing care should...

When it comes time to devise your estate plan, everything may not be cut and dried. You may have some potential beneficiaries you do not want to have unfettered access to the funds. You fear that they might spend excessively, use their legacy to drink or drug their...