Our team at Heritage has the necessary expertise to draft acts and give insightful advice when the time comes to make the right decisions regarding estate rights, including setting up Trusts, Last Will and Testament, Protective Mandate, and the Settlement of Estates. In addition, Heritage offers expert advice on Trust and Estate Planning and US Real Estate ownership.
Our expert team is constantly tracking and monitoring changes to estate planning law and subsequent tax implications, keep you (and your documents) up to date every step of the way.
When someone hears the word "Trust" - there are usually certain images that come to mind. Things like "wealthy trust fund babies" and elderly individuals with high net worth, to name a few. The truth is, however, more people benefit from having a Trust than you probably think.
If you're looking for the best, most comprehensive way to protect your family after you're gone a Trust will likely be the ideal Estate Plan option for you. Creating your Will is another protective measure you can take to safeguard your assets and loved ones if you're not quite ready or don't yet qualify for a Trust. And don't worry — you can always add a Trust to your Estate Plan as your life evolves.
In short, a Trust is a fiduciary agreement that's part of an Estate Plan. Traditionally, Trusts are used to hold assets for one or more Beneficiaries, and they may offer significant estate tax and other protective benefits. If you're considering setting up a Trust — or any type of Estate Plan for that matter — our guide is the right place to start.
As you think of your last wishes and move to create an Estate Plan that documents them, you may be wondering how those you love the most will get along without you. Will your children have everything they need? Will your grandchildren's education be provided for? Will an extended family member experience a financial setback and need help at a time when you may not be there to help?
Millennials came of age on the internet. The teens who spent countless hours creating personal diaries and the first blogs went on to carve out entire careers online. Now, as they are at, or nearing, 40 years old and begin to think more about future Estate Planning, millennials will need to consider what will happen to their digital assets when they are no longer here. But they're not the only ones.
It's time that we start thinking about digital assets in ways we haven't needed to until recently. In this guide, we'll explain what digital assets are, why you need to protect them, and how to include digital assets in your Will or Trust.
While it is not recommended to list account numbers and other sensitive digital asset information in your estate plan, we recommend creating a separate document, listing out specific account information, that can be included in your Estate Plan. The most secure route to take would be to set up a digital vault that holds all important information such as account numbers and passwords. Then, you can include your digital vault's "master key" as an additional document in your Estate Plan with specific instructions for your executor or trustee.
With Heritage, a Trust-Based Estate Plan includes a comprehensive list of property and assets, including digital assets, that can be easily updated as you add or remove accounts.
Everyone has digital assets, and they have a longer lifespan than you do. Don't lose your most precious memories, important documents, or crucial business information after an emergency. Prepare in advance to protect your digital assets.
Learn more about what we can do for you and get started today!Contact Us