Archive for December, 2008

Who Do You Trust More: Friends or Family?

Sunday, December 28th, 2008

RacEr ChiCk asked: Usually people say you can trust your Family more because its blood, and they love u no matter what. While others believe that a Friend is more of a gift because they stand by you even when they dont have to. What do you think? Family or Friends?
Thanks in advance! Have an [...]

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how much would a lawyer charge to set up a trust and will for a wealthy family?

Sunday, December 14th, 2008

allcharm97 asked: My wife and I are trying to set up a trust and will to make sure our kids are all set. We have about $25 million in net worth (house, cash, assets etc) and are trying to customize the will such that its protected from outsiders taking it other than our kids. We [...]

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is irrevocable family income trust permanent and cannot be change at all?

Tuesday, December 9th, 2008

Joven asked: If the couple is divorcing, will that situation change the irrevocable family income trust null and void?
I signed two life insurances to be included as part of the irrevocable family income trust of the estate plan in 1999 and now we are in the process of divorcing. We are now going to [...]

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