Does Your Estate Plan Protect Adult Beneficiaries?

If you think you only need to create discretionary lifetime trusts for young, troubled, or financially inexperienced beneficiaries, then you may want to think again. In this day and age of frivolous lawsuits and high divorce rates, discretionary lifetime trusts should be considered to protect adult beneficiaries, as well as minors. A discretionary lifetime trust

All Wills Must Be Probated Whether or not you have an estate plan in place, you have likely heard the term “probate”. Probate is the legal process by which a deceased individual’s assets are distributed under court supervision. This process is required to distribute assets that are titled solely in the name of the deceased