≡ Menu

Customer Reviews

Estate planning

How To Make a Will

Why Do I Even Need a Will? Most surveys find that more than half of American adults do not have a written will.  Wills are something that everyone is always told they need, but very few people actually understand why it is so important to have a valid will. (1) At its most basic level, […] Read more

What is a Family Trust? The term “family trust” doesn’t refer to any single, specific type of trust, so it can’t be precisely defined in a technical or legal sense.  Instead, “family trust” essentially means a trust in which the beneficiary is a member of the grantor’s family. Now, practically speaking, when most people say […] Read more

Trust Beneficiary A trust beneficiary is the person, or persons, for whom a trust is established. In some cases, the grantor who creates the trust is also trustee of the trust, either alone or with others, managing the trust on behalf of the beneficiary or beneficiaries. While the grantor, or settlor, who creates the trust […] Read more

How To Contest a Will

Will contests (legal actions to contest a will) tend to make headlines, particularly in scenarios where a rich widow may have changed her will to give millions to a non-relative caregiver at the end of her life at the expense of her children.  These types of stories often provoke will contests between the new beneficiaries […] Read more

Family Business Succession Planning Is Extremely Important.  Without It, A Small Business May Be Thrown Into Chaos Or Forced To Shut Down If A Key Person Dies Or Becomes Disabled. The topic of business continuity and succession planning is becoming very popular because a vast number of baby boomer business owners are aging.   This is an arena […] Read more

Dying without a will is inexcusable because of how easy it is to fashion a simple will. However, proper estate planning involves much more than a simple will. In the following article, we will shed some light on the difficulties dying without a will imposes on those you leave behind. Dying Without a Will We’ve […] Read more

The following article covers the role of the executor of an estate a/k/a the executor to a will. Choosing the right person for the job is crucial to make sure your directions are followed. It should be noted at the outset that a will does not avoid having to go through a probate administration. Proper estate […] Read more

One of our primary focuses at I&E is wealth building. But what is the point of building wealth if you do not take the necessary steps to protect your wealth. One such way is by proper estate planning, such as the use of one of the trusts mentioned below. Revocable vs Irrevocable Trusts Trusts come […] Read more

You finally have that Living Trust you’ve known you have needed for a long time. So now what? One of the most important tasks after the creation of your trust is learning how to fund a living trust, which includes properly titling and transferring your assets into your trust. Otherwise, all your trustees and beneficiaries […] Read more

The Intentionally Defective Grantor Trust (“IDGT”) is perhaps the oddest named device in the sophisticated estate planner’s tool kit. In the following article we will define what an IDGT is and why you may want to consider using it for estate planning purposes. What is an IDGT? An Intentionally Defective Grantor Trust (IDGT) is an […] Read more