Archive

23Dec2013

Why Your College-Age Children Need an Estate Plan

Originally posted by By ANNE TERGESEN Here’s an issue many families overlook when children leave for college: That child, in the eyes of the law, is now an adult—and needs some all-important documents. Once individuals reach the age of majority—18 in most states—their parents are no longer entitled to see their medical and financial records and make
  • 23 Dec, 2013
  • Courtney Lawver
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23Dec2013

Rethinking Trust Distributions Based Upon the Beneficiary’s Age

Morningstar article by Helen Modly, CFP, ChFC Why put an age limit on the ability to protect assets from creditors and predators? Many trusts direct that young beneficiaries will receive distributions of trust principal (corpus) when they attain certain ages. The intent of this language is usually to protect the beneficiary from herself until she
  • 23 Dec, 2013
  • Courtney Lawver
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