Month: July 2021

Many people set up one or more discretionary trusts as part of their estate plan. What makes a trust discretionary is that the beneficiary of the trust has no control over when and how much of the funds are disbursed to them. That’s done at the discretion of the...

One of the most important things you can do as you’re developing your estate plan is to make sure that all your accounts have transfer on death (TOD) designations with the beneficiaries of the accounts listed. This includes your bank accounts, retirement accounts and...