Posts tagged Revocable trusts

Common Types of Trusts Used in Estate Planning

Many financial planning objectives can be accomplished through the utilization of trusts. Here are several of the most common types of trusts and a brief overview of their purpose…

Charitable Gifting, Estate Planning, Insurance, Eldercare, Tax, Retiree, Pre-RetireeChip Hymiller, AIF®, CFP®February 9, 2021Estate Planning, financial planning, eldercare, Probate, Irrevocable Trusts, Trust, Will, Revocable trusts, Charitable Gifting, beneficiary

Alternatives for Avoiding Probate

Many people would prefer that their estates avoid the probate process. While the probate process is not overly costly in most states, it is generally considered a hassle to those who have experienced it. The following is a discussion on several alternatives for avoiding probate.

Estate Planning, Eldercare, Mid Career Professional, Pre-Retiree, RetireeChip Hymiller, AIF®, CFP®August 5, 2020Estate Planning, financial planning, Probate, Trust, Revocable trusts, beneficiary