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Trust Funding: 6 Steps to Funding a Revocable Trust

Trust Funding: 6 Steps to Funding a Revocable Trust

by Empowered Legacy Planning | Feb 8, 2022 | Trust Funding

Creating an estate plan and keeping it updated is a critical step in securing your assets, protecting your loved ones, and ensuring your legacy continues long after you’re gone. But there’s an additional vital step that many neglect to complete: setting up a living...
Don’t Live With A False Peace of Mind

Don’t Live With A False Peace of Mind

by kkpatton | Sep 28, 2021 | Estate Planning, Living Trust, Probate, Trust Administration, Trust Funding, Trust Maintenance

Do you have a trust? Well TRUST me and take a look at the end!  One major misconception in creating a trust is listing assets via a schedule. This could prolong the distribution of assets to your beneficiaries should something unexpected happen to you. In...
Dissecting Non-Disclosure. What Are The DANGERS?

Dissecting Non-Disclosure. What Are The DANGERS?

by kkpatton | Sep 21, 2021 | Asset Protection, Estate Planning, Living Trust, Probate, Trust Administration, Trust Funding, Trust Maintenance

Do you know the risks of not disclosing your assets to your estate attorney?  What about the precautions you should take to protect your wishes should something tragic occur?  Did you even know that this was such a thing and that NOT disclosing your assets could...
Don’t D.I.Y. Your Estate Plan!

Don’t D.I.Y. Your Estate Plan!

by kkpatton | Sep 13, 2021 | Estate Planning, Living Trust, Probate, Trust Administration, Trust Funding, Trust Maintenance

One area you don’t want to D.I.Y. in your life is your Estate Plan… Sure D.I.Y. usually saves you money, but when it comes to estate planning this couldn’t be further from the truth! This week, let’s touch base on the dangers of conducting your estate plan yourself...
Do You Need An Estate Plan As A Young Adult? The Answer Is YES!

Do You Need An Estate Plan As A Young Adult? The Answer Is YES!

by kkpatton | Aug 30, 2021 | Living Trust, Trust Administration, Trust Funding, Trust Maintenance

If you are 18 years old, or perhaps a parent of said young adult, it is essential to begin preparing the legal documents needed in case of an emergency.  In fact, starting an estate plan to protect your kiddos is as simple as obtaining these four documents:...
What Costs More? Estate Planning or Failing To Create A Plan?

What Costs More? Estate Planning or Failing To Create A Plan?

by kkpatton | Feb 16, 2021 | Estate Planning, Probate, Trust Administration, Trust Funding, Trust Maintenance

There are three factors when it comes to the cost of estate planning. Cost of Document CreationCost of MaintenanceCost of Administration When most people think of estate planning they think of the upfront cost alone, but estate planning should be looked at as an...
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