In my will, my two children will get 95% of my estate, and the remaining 5% will go to my four grandchildren. BUT, all my annuities, bank accounts, CDs, etc are POD to my two children. So how will my grandchildren get anything at all?
A simple way to accomplish this is to use a testamentary trust. This would take effect at the time of your death and the monies would be paid into this trust that would then be managed by a trustee to make sure that it got to your grandchildren. This trust would then be funded by you out of your...Read more »
He has stage 4 cancer, hospice is in, and he is no longer able to leave the house. He wants to get his will done so there is no fighting. He also owes a bit on his house but wants to transfer the home to his daughter, can this be done? Lots of questions but hope to be guided in the right direction.... Read more »
There are a few options available; however, a trust is one of the best options when estate planning for addicted relatives. There are several forms trusts to consider and each has pros and cons. A trust will enable you to put spending authority in the hands of a trustee who will control any...Read more »
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