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The Goals and Benefits of a Spendthrift Trust

The Goals and Benefits of a Spendthrift Trust

by Deliberato Law Center | Dec 3, 2021 | blog, Estate Planning Education, Probate, Uncategorized

Typically used to prevent a beneficiary from receiving his or her inheritance all at once is known as a spendthrift trust. A grantor, the person who creates the trust, may want to consider this approach for several reasons. The most apparent reason is that the grantor...
Estate Planning 101: What Happens to My Assets After I Die? 

Estate Planning 101: What Happens to My Assets After I Die? 

by Deliberato Law Center | Oct 8, 2021 | Estate Planning Education, Probate, Uncategorized

A lot of uncertainty surrounds what happens when we die and yet this need not apply to your assets. Executing a robust estate plan leaves you certain of where your assets will end up when you pass. True peace of mind in this regard requires not only having an estate...
What’s Not to Like About an ‘I Love You Will?’ …Plenty.

What’s Not to Like About an ‘I Love You Will?’ …Plenty.

by Deliberato Law Center | Sep 30, 2021 | Estate Planning Education, Probate, Uncategorized

An ‘I Love You Will’ is a last will and testament in which the testator—the person who makes the will—leaves everything to his or her spouse. If you have thought about making a will in the past, you likely considered this approach. Perhaps you have already created...
Important Lessons to Learn from Probate Court

Important Lessons to Learn from Probate Court

by Deliberato Law Center | Sep 3, 2021 | Estate Planning Education, Probate, Uncategorized

The past year was full of big stories and so if you missed the most notable happenings in probate news we don’t blame you (yes, that’s a joke—who but lawyers follow probate news?). This being said, 2020 did leave us with headline-worthy stories about the tribulations...
Probate Administration: Why to Stop Avoiding It and Start Planning for It

Probate Administration: Why to Stop Avoiding It and Start Planning for It

by Deliberato Law Center | Jun 8, 2021 | Estate Planning Education, Probate, Uncategorized

Writing a will without planning for probate administration is like having a child without planning to be a parent. When the first happens, the second invariably follows and so, as the saying goes, failing to prepare is simply preparing to fail.  A will is a legal...
Designing an Estate Plan: From the New Business Owner to the Seasoned Entrepreneur

Designing an Estate Plan: From the New Business Owner to the Seasoned Entrepreneur

by Deliberato Law Center | Mar 22, 2021 | Business succession, Estate Planning Education, Probate, Small businesses, Uncategorized

While every adult needs an estate plan, the need is even greater if you own a business. Why? Because business owners’ assets are more complex than those of the average person and protecting them is a matter of maintaining one’s livelihood. This holds true for both...
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