Irrevocable Trust An irrevocable trust is a separate legal entity, with its own tax identification number, set up by the trust creator (Settlor) to hold assets. Once assets are transferred to an Irrevocable trust, they cannot be taken back, and the terms of the Irrevocable trust generally cannot be changed after the document is signed….

Television, movies, books, friends, family, the news media, and the internet are all full of information regarding Estate Planning. However, each person’s planning situation is unique, so reliance on a one–size-fits-all approach can lead to unintended results.With this in mind, we present the following list misconceptions people often have about estate planning

Preparing to have initial discussions with an estate planning attorney is never an easy thing to do. People never want to think about their own death, and setting up an estate plan requires you to do just that.

A common misconception people have about estate planning is assuming it is solely about writing wills and trusts in order to make sure that your property is distributed according to your wishes after your death.

The remedies for breach of contract can be somewhat confusing. A breach of contract means one of the parties has failed to perform a “material” part of the contract. A term is “material” if it is an important, primary, or a significant aspect of the c

You receive a phone call from a loved one day and they tell you, “Congratulations, I have named you as Personal Representative of my estat