The word "trust" gets used quite broadly, creating potential confusion. While a "living trust" is a widely discussed instrument for estate planning, it's crucial to understand that not every trust is a living trust. Below our Kansas City estate planning lawyers break down the key distinctions.
Buying a new home is more than just a significant financial investment; it's a key component of your overall estate. As you embark on this exciting journey, it's crucial to consider how this asset will be managed, both now and in the future. One effective strategy for managing real estate assets is setting up a trust, a tool that a knowledgeable Kansas City trust attorney can help you navigate.
Two common types of trusts are revocable and irrevocable trusts, each with its own set of features and benefits.
The official start of summer is right around the corner. As the weather heats up families head to the highways to begin their long anticipated summer vacations. Families are going to enjoy horseback riding, river rafting, hiking, and other various fun filled activities. During these care free, relaxing times no one wants to think about the dreaded “what ifs.”