by Eileen Kerlin Walsh | Dec 22, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
When you decide to create a comprehensive estate plan, there are many things to consider. One is whether to tell your loved ones about your plan and how much information to share with them. Estate planning can be a complex and sensitive matter, so your choice may...
by Eileen Kerlin Walsh | Dec 22, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Trust protectors are commonly used in the United States. Essentially, a trust protector is someone who serves as an appointed authority over a trust that will be in effect for a long period of time. Trust protectors ensure that trustees maintain the integrity of the...
by Eileen Kerlin Walsh | Dec 22, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Life Insurance, News, Wills & Trusts
While many wines get better with age, the same cannot be said for some irrevocable trusts. Maybe you are the beneficiary of a trust created by your great-grandfather over 70 years ago, and that trust no longer makes sense. Or maybe you created an irrevocable...
by Eileen Kerlin Walsh | Dec 22, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Life Insurance, News, Wills & Trusts
Today, many estate plans contain an irrevocable trust that will continue for the benefit of a spouse’s lifetime and then continue for the benefit of several generations. Because trusts like these are designed to span multiple decades, it is important that they include...
by Eileen Kerlin Walsh | Dec 22, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Did you know that irrevocable trusts can be modified? If you did not, you are not alone. The name lends itself to that very misconception. However, the truth is that changes in laws, family, trustees, and finances can frustrate the trustmaker’s original intent when...