Legal Articles, Trusts

What is a Trust, and, Do I need a Trust?

By Samuel McMechan, Esq. www.mcmechanlaw.com A Trust is an instrument of contract used to secure a sum of money, held by a third party, for the future use of your beneficiaries.

Preparing a simple Will is Basic Family Planning We All Need:

Contact the McMechan Law Firm for a free first consultation for an accurate quote for your Will requirements. While pondering a Will, the McMechan law firm can also prepare a Medical Power of Attorney and a Financial Power of Attorney, or an irrevocable or revocable trust, and there are many reasons for getting trust beyond just avoiding tax and probate.

3 Reasons Why It’s Important to Have a Trust

Prevent their assets from being frozen upon their death. To eliminate the timely and expensive probate process. To ensure there is a smooth and quick transfer of assets to their loved ones after they are gone.

PET TRUSTS

Does your estate plan provide for your pets? California law allows pet parents to establish pet trusts for the care and support of their pets in the event of incapacity or death.

Do I Need A Prenuptial Agreement?

If you are thinking about marriage in the near term, please contact an attorney at Silverman Law Office, PLLC about whether a prenuptial agreement may be beneficial for you.

What You Need to Know About Probate Estate Administration in Minnesota

This article summarizes the basics of probate law in Minnesota and gives helpful tips for those with questions regarding the probate process.

When a Will May Not be the Way

A will or trust is a valuable estate planning tool, but in some situations they may not necessarily be valid or enforceable.

BIGGEST PROBLEM WITH IOWA DO IT YOURSELF WILL KIT, BUYER BEWARE

Problems with do it yourself Will kits.

Wills vs. Living Wills

What is a Living Will? Is it the same as a “Will” and why do I need them?

WHY DO I NEED AN ESTATE PLAN?

WOULD YOU ASK THE SAME QUESTION ABOUT HOME INSURANCE, IF YOU ARE A HOME OWNER? OR WOULD YOU ASK THIS SAME QUESTION ABOUT CAR INSURANCE, IF YOU ARE A DRIVER?

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