After all is said and done, what is the real legacy you leave? How will people remember you? Money and property are important, but they can also make emotions run high and introduce new problems. Perhaps a deeper introspection is...
When the 'in-laws' become the 'out-laws', inherited assets may be seized through divorce proceedings if not properly protected. Learn how a retirement trust can help.
Have you heard of a life insurance trust? This estate planning strategy gives you more control over your life insurance benefits.
So, you've created your trust, established a pour over will, and named your trustees. After all that time, effort and cost, surely you're all set, right? Not quite.
Read Jeffrey Steele’s entertaining take on the importance of beneficiary designations. Michael Stuart weighs in on real-life situations and how to avoid unintentionally disinheriting your loved ones.
By Jeffrey Steele Originally appearing in the Chicago Tribune Primetime section May 9, 2014. Reposted with express permission of the author.