Month: March 2025

When an individual dies, the property they own becomes the property of their estate. Those resources are subject to probate statutes and any estate planning instructions. The assets that are part of an individual's estate contribute to its value. In some cases,...

Some people create trusts because of their own economic circumstances. They want to protect their assets from litigation or the possibility of divorce. Others create trusts to achieve certain goals, such as reducing estate tax obligations or improving their Medicaid...