Trust Is Important with Powers of AttorneyWe previously discussed estate planning for the Adams family (notCharles Addams' Morticia and...Julian GrayFrank Petrich
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Someone to watch over you; An attorney you trust is key for small businesses.(Focus: Small Business)Henricks, Mark
A trust fund is anestate planningtool that holds property or assets for a person or an organization. Trust funds are sometimes simply referred to as "trusts." They can hold a variety of assets such as money, real property, stocks, bonds, a business, or a combination of many types of pr...
A Single Premium Immediate Annuity (sometimes referred to as an "SPIA") may be the right annuity for you if you are looking for payments that begin right away and continue for the rest of your life or for a specified period of time. The annuity is purchased from an insurance company ...
Asbestos is a natural mineral and carcinogen that causes mesothelioma. Learn about how to identify it, cancers caused by asbestos and asbestos litigation.
But, before I discuss the annuity approach, let me suggest that you also consult an attorney about setting up a "spendthrift trust" as an alternative. A trust typically costs several thousand dollars, requires a trustee, and there are annual maintenance costs. Since many advisers recommend using...
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you might benefit from a trust. There are online options that allow you to set up a trust on your own for a few hundred dollars or you can go through an attorney, which will likely cost you a couple thousand dollars depending on the complexity of the trust and your financial situation....
A principal appoints an agent to act on their behalf and in their best interest. Examples include an investor picking a fund manager or someone hiring an attorney for legal work. There should be no conflict of interest between the two. If there is, this creates a principal-agent problem. ...