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Marriage can change more than your family life. It can affect your property, financial responsibilities, and the plans you have made for the future. If you already have a living trust, or if you are preparing one before getting married, you may wonder whether a prenuptial agreement is necessary as well. The two documents serve different purposes. A prenuptial agreement addresses certain financial and property rights between people who intend to marry. Depending on its terms and applicable law, it may establish how particular assets, [...]

Buying a home is often one of the largest financial decisions a person or family will make. Between the purchase agreement, mortgage, insurance, and moving arrangements, estate planning may be the last thing on your mind. Yet a new home is an important reason to look at your estate plan and make sure your property is accounted for properly. If you have a living trust, do not assume that purchasing a home automatically places it in the trust. The deed determines how the property is [...]

Getting married later in life can involve financial and family considerations that were not present when you were younger. You may already own a home, have retirement accounts, investments, a business, or other property. You may also have children from a previous relationship. Before getting married, it is worth looking at how these things fit into your estate plan. If you already have a living trust, marriage is a good reason to have it reviewed. The people you named as trustees and beneficiaries may no [...]