Co-Trustees Seem Like a Good Idea—But Are They Really? The “Co-Trustee Dilemma” You Didn’t See Coming Imagine this: You’re sitting at the kitchen table, trying to figure out your estate plan. You want things to be fair, so you think, Why not name both my...
If you’re considering various estate planning strategies, you may have wondered about the benefits of putting your property in a trust. At the Law Offices of Brenton C. McWilliams, we’ve seen firsthand how trusts can be powerful tools for safeguarding...
The What and Why of Right of Occupancy Trusts Jay and Gloria are a married couple who have been together for ten years. Because this is a second marriage for both Jay and Gloria, they each had children from their previous relationships. When they got married, Gloria...
Choosing between a revocable and irrevocable trust is akin to selecting the right tool for a job—it all depends on what you’re trying to achieve. This article will help you navigate the nuances of each option, revocable vs. irrevocable trust, so you can make the...
The Complex Dance of Estate Planning: Navigating Stepfamilies and Wealth in Alabama According to recent studies, blended families have begun to outnumber traditional nuclear families. This shift towards more complex family structures brings with it a unique set of...
For those looking to create an estate plan, a revocable living trust is often an attractive option. This popular estate planning tool allows you to transfer assets into a trust while retaining control over those assets during your lifetime. But a common question...
