Creditor Protection

One in Three Americans will Receive an Inheritance – Is Yours is Protected?

One in Three Americans will Receive an Inheritance – Is Yours is Protected?

One in every three Americans will receive an inheritance during their lifetime, according to a study by Ohio-State researcher Jay Zagorsky. Unfortunately, much of that windfall is lost through spending or bad investing. Mr. Zagorsky offers four steps for handling an inheritance: (1) assess the current financial situation; (2) figure…

Trusts vs Wills, which do you need?

Trusts vs Wills, which do you need?

You may have heard that trusts are better than wills, or vice versa. Both estate planning tools are used to distribute assets and property, and each has its advantages and disadvantages. Some of the differences between Wills and Trusts are highlighted below: Privacy: Once filed with the county probate court, a Will becomes…