by Durham Law Firm | Feb 16, 2022 | Estate Planning
If you want to protect your assets and pass them on to loved ones in the future, a trust is THE legal framework to consider. An attorney can draw up a trust agreement to protect your assets while living and continue protecting your assets after you pass on. But what...
by Durham Law Firm | Feb 3, 2022 | Estate Planning
You might believe that a will is only for the rich and famous and not the average person with a far smaller net worth. Or perhaps you're under the impression that a will is entirely unnecessary if you have a trust, jointly owned property, or named beneficiaries on...
by Durham Law Firm | Jan 27, 2022 | Estate Planning
If you’ve drawn up a trust agreement with your attorney, you have plans in place for your long-term goals. Still, many individuals make a mistake that sends their assets and loved ones right into the court system. They fail to fund their trust. Let’s look at the top...
by Durham Law Firm | Jan 21, 2022 | Estate Planning
A trust is a fiduciary relationship where you (the trustor) give someone you appoint (the trustee) the right to hold title to your property or assets for a beneficiary’s benefit. In other words, trust documents lay out rules for a trustee’s distribution of assets to...
by Durham Law Firm | Jan 6, 2022 | Estate Planning
If you’ve been putting off making an estate plan, including a will or trust, now is the time. It is crucial to stay prepared and easy to get started writing a will. Procrastinating about your future is a risky endeavor. Understanding why you need a will is the first...
by Durham Law Firm | Dec 15, 2021 | Estate Planning
Most people understand that having some sort of an estate plan is a good thing. However, it may feel like a struggle to take the steps to get that estate plan in place. Sometimes, of a lack of understanding of the nuances between the different legal frameworks can...
