Trust Funding: Setting Your Trustee Up for Success
Thu 10 Sep, by FritzLaw on Firm News
For many people, a revocable living trust is a valuable tool to ensure that their finances are well managed during periods of incapacity and that their loved ones are financially secure upon their passing. However, signing the trust agreement doesn’t end the estate planning process: To work properly, the trust needs to be funded. What Is Trust Funding? Trust funding is the process of transferring the ownership of accounts and property to the trust during …
Tips For Choosing a Safe and Reliable Starter Vehicle
Fri 4 Sep, by FritzLaw on Personal Injury
After receiving your driver’s license, how long was it before you got in your first car accident? If you’re one of the fortunate, you never did. But for most new drivers, those first 18 months are the most dangerous where they are 4 times more likely than adult drivers to be involved in a wreck. Fortunately, vehicles have become much safer over the years. Whether you need a new car or you’re choosing a starter …
Important Steps to Protect Your Special Beneficiaries
Thu 3 Sep, by FritzLaw on Estate Planning, Probate
All children are a blessing. From the day they are born, you begin making plans to ensure that your child or grandchild has a bright future. What will their interests be? What job will they have? Who will they marry? While these are common concerns for most families, for those with a special needs child or grandchild, taking steps to ensure they have a safe, happy, and healthy future is even more important due to …
Saving for College: What If There Is Money Left Over?
Wed 26 Aug, by FritzLaw on Estate Planning, Probate
Setting money aside for your children’s or grandchildren’s education is a great way to provide for their future. However, it is possible that not all of the money you have set aside will be used for college expenses. For example, your child may receive a large scholarship and will not need to use all the money you have saved, or your grandchild may choose a trade school that is less costly than you expected. Alternatively, …
6 Ways to Help Keep Seniors Mentally Sharp
Thu 20 Aug, by FritzLaw on Personal Injury
What do you suppose the biggest determining factor is when calculating how long you will live? Is it a healthy lifestyle? Not smoking or drinking? Family history? Actually, it’s none of those. The biggest determinant of how long you will live is how long you have already lived. Statistically speaking if you make it through your formative years, that is your teens and twenties, you’re likely to live to a ripe old age. That old …