Remember: Update Insurance Policies When You Put Property In Your Trust
HouseKeep Your Real Estate Titled to Your Trust. Good planning includes having a Trust and keeping your major assets titled to yourselves as Trustees of the Trust. (This does not apply to retirement account assets.) Failing to maintain proper titling can result in unintended consequences, such as triggering a probate court proceeding or resulting in a disposition of your property to persons other than as you had intended. Real estate is a good example of the type of asset t
Supreme Court Upholds Same Sex Marriage
In a landmark decision issued June 26, 2015, the United States Supreme Court has upheld the right of same sex couples to marry in the United States. My fellow members at Wealth Counsel issued a succinct summary of this ruling and what planning issues now arise for same sex couples. It is reprinted below, with permission: Estate planning for same-sex couples after Obergefell v. Hodges June 26, 2015
Matthew T. McClintock, JD
Vice President of Education, WealthCounsel, LLC On