An “irrevocable trust” certainly sounds as though it can’t be altered. And, for the most part, it can’t be. But, like many things with law, there are exceptions. Let’s take a look at irrevocable trusts, when they’re used, and when they can be altered. What is an Irrevocable Trust? An irrevocable trust occurs when assets […]
When someone dies, their estate enters into the process of “probate.” If there’s a will, this can sometimes be resolved quickly; an executor will make sure that debts and assets are taken care of. But if there isn’t a will, the assets of the estate will be distributed based on the laws of inheritance. And […]
Having a trust can be a great way to ensure that your assets end up where you want them after you pass away. Likewise, a trust gives you some added control over spending/use of your assets by your beneficiaries. Still, there’s a lot of misinformation out there regarding trusts and what they entail. Specifically, it […]
Due to the current #FreeBritney controversy, a lot of people have heard about conservatorships. While, in this case, a conservatorship may seem to be the antagonist, they’re frequently used for legitimate purposes. Let’s take a deeper look into conservatorships and the #FreeBritney case. What is #FreeBritney? Britney Spears has recently fought to remove her father […]