by Phillip Rademacher | Aug 26, 2022 | Estate Planning
Once you pass away, there are various things that could happen with your bank account. Much of this can depend on how you have your account set up. Whether or not you have a will or trust can also make a difference. The important thing is that you take action to make...
by Phillip Rademacher | Jul 22, 2022 | Estate Planning
Although talking about your parents’ eventual death may not be a great subject to bring up at the family dinner table, it is still essential to discuss estate planning with your parents. Failure to talk about how to administer your parents’ estate can result in...
by Phillip Rademacher | Jun 3, 2022 | Estate Planning
When setting up a trust, you need to figure out its purpose, find trustees, and have enough funds for it. And it’s likely that you already know the beneficiaries. The expense of setting up a trust varies as you have to transfer your...
by Phillip Rademacher | May 13, 2022 | Estate Planning
Estate planning for many people is mostly about making sure the future generations are taken care of. There are various methods for doing this through an estate plan. One effective option is through utilizing some type of trust-based strategy. If you are looking to...
by Phillip Rademacher | Apr 22, 2022 | Estate Planning
Trusts are accounts that act as legal entities. These accounts are used to transfer wealth and assets from one person to another. The person who owns assets (grantor) puts them in the trust and gives control to another person (trustee) to manage the assets. The...
