When most people think of a trust, they think of it as something rich people set up for their children. But a trust can have much wider uses than that, serving a range of people. A trust is a legal entity where money, property, or assets belonging to one party (the settlor) is overseen by...
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A reference Trusts are an integral part of estate planning and funding a trust so that it meets the needs of a client’s estate and wealth transfer goals involves a proper and sound strategy. Nearly any type of asset can be used to fund a trust, including stocks, bonds, cash, mutual funds, real estate property,...
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A revocable living trust, or simply a living trust, is legal entity created to hold ownership of assets generally used to determine how their assets will be handled after they die. The person who creates this living trust is called the grantor or the trustmaker and typically also serves as the trustee, meaning they handle...
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Enjoying a day on the boat with family and friends is unbeatable, but it’s important to make sure you don’t forget to prioritize safety while enjoying the waves. Check out these important boating safety tips before you begin the season: 1. Be prepared with a boat safety kit You can’t always predict an emergency, so...
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In the market for a used car? Here’s what you need to know while you’re looking.
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As temperatures decrease in the winter, the water temperature in your pipes can plummet as well. This can lead to potential blockages or even the risk of the pipes bursting, which can interrupt your day-to-day life and lead to costly repairs. Luckily, there are proactive measures you can take to help thaw your pipes and...
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If you’re a just-married bride or groom, you may assume the planning is over. But there are lots of logistics to help you make a smooth transition to married life. Check out our post-wedding checklist. 1. Obtain your marriage certificate A marriage certificate, or an official document that tells of the legal status of your...
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Learn how to protect yourself from different types of job scams. Find out how to know whether a job alert is a scam and how to report job scams.
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Shopping has evolved dramatically over the past several decades, providing consumers with more choice and convenience whether they shop in brick-and-mortar stores or browse online for their purchases. Even holiday shopping has adapted to the changing landscape, with Black Friday and Cyber Monday appealing to online and in-store shoppers. It’s easy to assume there is a...
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Want an outdoor space to entertain friends and family when the nicer weather comes? Before starting construction, you may want to consider whether a deck or patio is best for your home. Here are some of the factors you’ll want to carefully weigh before making your decision. What is the difference between a deck and...
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One minute you’re driving your car and everything seems fine, and the next moment you hear a strange noise coming from your car as you accelerate. There are some normal noises that you could hear, from tires humming and windshields wiping to mirrors whistling in the wind. Take a listen for those so you can...
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In our digital age, online platforms and social media sites offer an abundance of financial advice. However, the ease of internet access also paves the way for the spread of financial misinformation. From untrained family members to self-proclaimed online finance gurus and AI-powered resources, inaccurate financial counsel can have detrimental effects, potentially leading to monetary...
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Home improvement can be expensive, and contractor fraud can make it even more costly. Learn the warning signs and how to prevent contractor fraud.
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Want to buy your first car but don’t know where to start? Follow these tips to set yourself up for success.
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Get better gas mileage with the cars that rank the highest for fuel efficiency.
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