by Durham Law Firm | Feb 23, 2022 | Estate Planning, HWH Updates
There are many estate planning options, and it can be challenging to decide which one is right for you. Two of the most common tools are trusts and wills. They both have their pros and cons, so let's take a look at each one in more...
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...
