Protect your family’s future, control your legacy
The peace of mind afforded by a thoughtfully prepared estate plan is immeasurable. But because every family has its own unique personalities, complexities, and issues, a cookie cutter estate plan often misses the mark.
Donna will work with you to create a plan tailored to your family’s specific needs; one that will both relieve unnecessary pressure on loved ones and maximize your financial resources after a death.
Her clients include individuals and families with a wide range of personal circumstances, wealth and assets, business interests, investments, philanthropic commitments, and legacy goals. Donna welcomes traditional and non-traditional families, married couples, divorced and widowed individuals, and extended and multigenerational families.
Estate plans can range from routine to complex. Donna can help ensure that your plan addresses issues specific to you and your family, including planning for:
- Living trusts
- Wealth transfer during life and at death
- Tax issues
- The care of minors in the event of death
- Incapacity or illness
- Charitable giving
Living Trusts 101
A living trust can be an important part – often the most important part – of your estate plan.
With a living trust, your assets (your home, bank accounts, and stocks, for example) are put into the trust, administered for your benefit during your lifetime, and then transferred to your beneficiaries when you die.
Most people manage their trust’s assets themselves (as the trustee) so they can remain in control during their lifetimes. You can also name a successor trustee who can manage the trust’s assets if you ever become unable or unwilling to do so yourself.
Living trust agreements:
- Give the trustee the legal right to manage the trust’s assets
- Prioritize your assets’ usage for your benefit during your lifetime
- Name the beneficiaries who are to receive your trust’s assets when you die
- Guide, empower, and hold the trustee to very high standards, giving them authority to manage and distribute your assets for the benefit of the beneficiaries.
It’s critical to know the ins and outs of living trusts so that you are protected in life and in death. Talk to Donna to see if your estate plan or living trust is safeguarding your family’s best interests.