Helping you take control of your finances and future
There are several reasons why a person may create a trust as part of their estate planning documents. In terms of probate avoidance, some of the reasons are as follows: Privacy: The benefit of avoiding probate is maintaining privacy. Probate is a public matter. Anyone and everyone will be able to see who you... Continue Reading →
Operating Agreement Having a succession plan for your business is a good idea. When an LLC exists, it’s crucial to have an operating agreement. The terms of an operating agreement will typically trump the terms in a will and the default rules for an LLC governed by state law. In other words, an operating agreement... Continue Reading →
What happens if probate proceedings are never initiated for the transferal of title from the decedent to the heirs/beneficiaries? “Probate” is a court-supervised process that is designed to help transfer title, but sometimes it’s unclear when probate court is absolutely necessary or when it’s required. These unclear circumstances can occur when an estate is insolvent,... Continue Reading →
MoneyManeuvering 