On behalf of Richardson & Richardson, LLLP | Aug 31, 2020 | Trusts
People who carefully accumulate, organize and maintain financial assets most likely wish to have ongoing control over them throughout their life. Failure to adequately plan for unforeseen circumstances may inhibit a person’s ability to have control over his or...
On behalf of Richardson & Richardson, LLLP | Jun 30, 2020 | Trusts
When your child has a disability, you may have different estate planning concerns than your colleagues or peers. You may need to figure out how to support your son or daughter once you are no longer around to provide care. You may also have concerns about whether the...
On behalf of Richardson & Richardson, LLLP | Apr 21, 2020 | Trusts
If you are in a second marriage or considering getting remarried and you have children from your first marriage, you should make it a priority to establish a good estate plan that effectively provides for your children and your new spouse. Your estate plan may even...
On behalf of Richardson & Richardson, LLLP | Apr 9, 2020 | Trusts
Having a disability can make life challenging. If a medical condition, illness or injury prevents working, though, a disabled person may have trouble paying living expenses, medical bills and other costs. While needs-based government assistance, such as Supplemental...
On behalf of Richardson & Richardson, LLLP | Feb 18, 2020 | Trusts
In addition to avoiding probate, some families create trusts so they can avoid taxes on the inheritance they want to give to their children. This is one of the reasons parents use generation skipping trusts. Like other trusts, a generation skipping trust allows you to...
On behalf of Richardson & Richardson, LLLP | Jan 24, 2020 | Trusts
When people have children, they usually set up an estate plan so their children will receive care if one of the parents dies unexpectedly. There are many ways parents can provide for their children after their deaths. Some parents may choose to set up a trust. If...
