by Eileen Kerlin Walsh | Apr 25, 2025 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
One of the most common reasons clients think they do not need a will is that they do not have enough assets. High-net-worth clients tend to be more proactive about estate planning. However, misconceptions about wills abound, which is a big reason many Americans do not...
by Eileen Kerlin Walsh | Apr 25, 2025 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, Living Trusts, News, Wills & Trusts
Many people believe that once they set up a revocable living trust and change the ownership of their accounts and property from themselves as individuals to their trust, those accounts and property are protected from lawsuits. This is not true. While trusts...
by Eileen Kerlin Walsh | Feb 12, 2025 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
Many believe that once one sets up and funds a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In reality, a living trust does not provide any unique estate tax avoidance strategies. This article does...
by Eileen Kerlin Walsh | Feb 11, 2025 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
Many believe that once they set up and fund a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In reality, a living trust does not provide any unique estate tax avoidance strategies. The primary mechanisms...
by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
If you have established a revocable living trust (which we will refer to simply as a trust), congratulations! You are on the right track in creating a comprehensive estate plan. However, you are only halfway there. Many people believe that because they took the time...
by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
If your client has established a revocable living trust (which we will refer to simply as a trust), they are one step ahead. They are on the right track in creating a comprehensive estate plan. However, they are only halfway there. Many people believe that because...
