Wills and Trusts
Information on creating and managing wills and trusts.
Amending a Will
This playbook outlines the steps necessary to legally amend an existing will through the addition of a codicil. It is designed to ensure that the changes are enforceable and recognized by law.
Appointing a Child Guardian
This playbook provides a step-by-step guide for appointing a guardian for minor children in your will. It includes considerations for choosing the right person and the legal processes involved.
Avoiding Probate with Trusts
This playbook outlines the steps to set up trusts that enable estate assets to bypass the probate process. By establishing the right type of trust, beneficiaries can access assets more quickly and privately.
Choosing Executors and Trustees
This guide describes the process of selecting and understanding the roles of executors and trustees. It provides an outline of their duties, responsibilities, and the factors to consider when choosing them for wills and trusts.
Creating a Basic Will
This playbook provides a structured approach to creating a basic will. It outlines the steps for designating beneficiaries, selecting an executor, and detailing the distribution of assets to ensure a clear and legally binding document.
Creating a Living Trust
This playbook outlines the steps involved in setting up a living trust to manage and protect your assets. It is designed to ensure an easier transfer of these assets after one's death, avoiding the often lengthy probate process.
Creating a Pet Trust
This playbook outlines the steps to create a pet trust, a legal arrangement that ensures your pets are cared for according to your wishes after you pass away.
Creating Asset Protection Trusts
This guide describes the process of establishing an Asset Protection Trust, a legal structure designed to shield assets from creditors and legal judgments.
Creating Joint Wills
This playbook outlines the steps for spouses to create a joint will. It involves understanding the advantages and disadvantages of joint wills, and guides through the legal process of drafting and finalizing such a document.
Creating Special Needs Trusts
This playbook outlines the steps to set up a Special Needs Trust, which is a plan designed to financially support an individual with disabilities while preserving their access to government benefits.
Designating a Health Care Proxy
This playbook describes the steps to appoint a health care proxy, who will have the power to make medical decisions on your behalf if you become incapacitated. It is an important legal document that requires careful consideration and proper execution.
Digital Estate Planning
This playbook outlines the necessary steps to effectively include digital assets, such as online accounts, social media profiles, and digital files, in your estate planning. It aims to guide individuals in preparing their digital legacy for inclusion in a will or trust.
Estate Philanthropy Planning
This playbook outlines the process for incorporating philanthropy into an estate plan. It details the strategies for including charitable donations in a will or trust to ensure long-term philanthropic impact.
Estate Planning Choices
This playbook provides guidance on deciding between a will and a trust for estate planning. It details the differences, benefits, and drawbacks of each option to ensure individuals can make an informed decision.
Estate Planning for Blended Families
This playbook outlines the steps for creating wills and trusts specifically tailored to the complexities of blended families, which include stepchildren and individuals with multiple marriages. It provides a structured approach to ensure fair and clear asset distribution.
Estate Planning for Business Owners
This playbook outlines the steps business owners should take to plan for the future of their estate, particularly concerning the continuation and succession of their business interests.
Estate Planning Fundamentals
This playbook describes the basic steps involved in estate planning. It outlines the creation of wills, trusts, establishing power of attorney, and setting up advanced healthcare directives to prepare for future uncertainties.
Granting Financial Power of Attorney
This playbook outlines the steps to legally appoint someone to make financial decisions on your behalf. It provides guidance on selecting a trusted individual and ensuring the power of attorney is legally binding and effective.
International Estate Planning Guide
This playbook provides a structured approach for individuals with assets and beneficiaries across multiple countries to navigate the complexities of international estate planning. It offers a step-by-step procedure to help ensure their assets are protected and their wishes are respected across different legal jurisdictions.
Post-Death Trust Management
This playbook describes the actions a trustee must take to manage and distribute the assets within a trust after the death of the settlor. It outlines the procedural steps required to ensure legal compliance and the fulfillment of the settlor's wishes.
Revoking a Will Procedure
This playbook provides a step-by-step guide on legally cancelling or revoking an existing will. It outlines the necessary actions and legal considerations to effectively nullify a previous testament.
Secure Will & Trust Storage
This playbook outlines best practices for securely storing important estate planning documents such as wills and trusts. It ensures these documents remain valid, protected from damage or loss, and accessible when required.
Setting Up an ILIT
This playbook details the sequential steps required to establish an Irrevocable Life Insurance Trust (ILIT). The purpose is to legally arrange for life insurance proceeds to be excluded from your taxable estate.
Setting Up a Testamentary Trust
This playbook outlines the steps involved in establishing a testamentary trust, which is a legal arrangement created through a will and comes into effect upon the death of the individual who has created the will, known as the trustor.
Setting Up Charitable Trusts
This playbook describes the sequential steps involved in setting up a trust with the purpose of donating assets to charity. It explains both the process of establishing the trust and the tax benefits that come with such charitable contributions, applicable during the lifetime of the trust creator or after their death.
Trust Funding Process
This playbook provides a guide on the process of transferring assets into a trust. It covers the steps necessary to ensure that the trust is properly funded and can thereby serve its intended purpose.
Trust Taxation Guide
This playbook provides a structured approach to understanding and navigating the tax implications of various types of trusts. It outlines the essential steps required to comprehend the applicable tax rules and considerations.
Understanding Probate Process
This playbook outlines the process of probate, which includes the validation of wills, the appointment of executors, and the distribution of the decedent's estate. It provides a step-by-step guide to what parties involved in a will can expect during the probate process.
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