Estate Planning & Living Trust Lawyer - Hytrek Trusts

20/10/2022

This is an important question to understand.  Upon turning 18-years-old a person needs their own estate plan, especially before going off to college.  Once a child attains the age of 18, they are legally an adult and must make her own health care, financial, and legal decisions. Without legal documentation, parents are powerless to act on behalf of their adult children.

Naturally, an 18-year-old’s estate plan is very different than a 50-year-old’s estate plan because life, assets, goals, and family situation differ over the decades, but basic documents are the same.

28/09/2022

Realistically, everyone needs estate planning. Children under the age of 18 are protected by their parents’ estate plan and everyone age 18 or older needs his or her own estate plan. Once you turn 18 you have some basic documents, such as a power of attorney.  Naturally, estate plans vary depending on goals, finances, family situation, and where you live. Every plan is different, there are no cookie cutters for estate plan.

21/09/2022

Estate planning is not only about money, assets, or legal documents. Estate planning is more about creating a legacy: providing for you and your loved ones, distributing your property, and memorializing your personal wishes.

22/06/2022

As our lives change, it is important to update an existing estate plan.

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08/06/2022

Probate is costly and time consuming. For example, an $800,000 home will cost about $38,000 in probate fees. Setting up a trust for you assets is a great solution to keep your property out of probate.

03/06/2022

Make time while you are in good health and have the opportunity to properly put together an estate plan.

01/06/2022

Starting your estate planning early!

Even if you don’t have much wealth, a will still gives you a voice in who gets everything from your bank balance to your pets when you die.

31/05/2022

Just not getting around to it. That is the main reason most adults do not have a plan in place.

Covid-19 has increased Americans' awareness of the need to have a will or living trust. Yet many are still behind on the estate planning they need.

30/05/2022

"Our flag does not fly because the wind moves it. It flies with the last breath of each soldier who died protecting it." — Gary Brown

Remember and honor all that laid their lives down for what we have today. Wishing all a wonderful Memorial Day!

25/05/2022

Do you have a plan in place for who will raise your child or children if you are no longer here?

A proper estate plan allows you to select a guardian, someone you know and trust. If you do not make this decision a court will.