Category Archives: Trusts and Estates
Changes to Tax Laws Should Prompt Review of Existing Trusts
Generally, irrevocable trusts are created with the intention that they will not be adjusted based on subsequent circumstances. Still, you should regularly review the terms of an irrevocable trust to see if changes in the law or your personal situation might warrant exploring the possibility of a revision. Many people establish irrevocable trusts to minimize […]
Tragic Hackman Case Demonstrates Importance of Addressing Even Unlikely Estate Planning Contingencies
Most people understand how important it is to develop a valid estate plan, but for true security, you need to create legal instruments that clearly address all reasonable contingencies, and account for changes in circumstances. Knowledgeable legal guidance is critical in this regard. An experienced attorney understands the problems that arise when there are holes […]
