Trusts can be tremendously valuable tools in an estate plan, including protecting assets from extraneous court oversight. But a trust can only accomplish this intended goal if it is funded properly. What does this mean? Funding a trust involves transferring assets into the trust. The method of transfer differs depending on the type of asset,
Trusts are the most versatile tool estate planners use to help individuals and families prepare for the future. A trust can provide financial protection and allow for the effective administration of assets in a variety of different situations. At Blacksburg Law, we create trusts tailored to accomplish specific goals, and we work to ensure
When deciding how to distribute assets to loved ones after your death, you may have assumed that you would use a will. However, many estate planning attorneys recommend creating a revocable living trust instead. In this post, we will explore the advantages this type of trust can provide for you and your loved ones. How
The emergence of the Empowered Consumer is one of the most important by-products of the Internet, the web and social media. Pre-dot.com, if you had a bad experience with a business, you could complain to the owner or manager, file a complaint with the Better Business Bureau, tell your friends, and if you were feeling
Sitting down with an estate planner to develop an estate plan is a smart first step. But signing your documents is not the end of the process. In order to ensure your wishes and desires are protected, you need to have some frank conversations with your fiduciaries.