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Monthly Archives: May 2024

The importance of a Qualified Domestic Trust in protecting your noncitizen spouse

Qualified Domestic Trusts: Your Jumpstart to Protecting Your Noncitizen Spouse

By Andre O. McDonald |

Married couples love each other and want the best for each other. Establishing a comprehensive estate plan is one way to provide the best for each other. Not only does an estate plan protect you when you are unable to care for yourself during your lifetime, but it also protects your hard-earned money and… Read More »

Understanding the limits on the trustmaker & trustee of a revocable trust

What Can I Not Do as Trustmaker and Trustee of a Revocable Living Trust?

By Andre O. McDonald |

Wills and living trusts are two of the most fundamental estate planning documents. While both accomplish the same primary objective in an estate plan of directing the distributions of your money and property to your desired beneficiaries after you pass away, a revocable living trust, often referred to simply as a living trust or… Read More »

Can an adult child keep living in parents house after they die?

What Happens to An Adult Child Living at Home When Their Parents Pass Away?

By Andre O. McDonald |

Today more young adults are living at home with their parents than at any time since the 1940s. While there are many different opinions about this trend and the cause of its recent prevalence, the primary motivation for young adults staying at home with their parents is usually related to finances. Most adult children… Read More »

The importance of naming a guardian for your child in your estate plan

Who Will Care for Your Child When You Cannot?

By Andre O. McDonald |

As a parent, you are responsible for the care of your minor child. In most circumstances, this means getting them up for school, making sure they are fed, and providing for other basic needs. However, what would happen if you and your child’s other parent were unable to care for them? It is important… Read More »

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