Recently, a client came to me with an unfortunate situation—his mother had died, leaving him her house. Although the house had been appraised at $350,000 when he inherited it, at sale two years later the
We have all heard of the Last Will and Testament. Maybe you have one yourself, or have been named in someone else’s Will. But what about a Trust? A Trust is an alternative to a
The word “estate planning” sounds like something from medieval England or colonial South—are you picturing plantation homes, castles and unimaginable wealth? However, the definition of “estate” actually goes like this: “the interest of a particular
