by Jiah Kim | Apr 13, 2023 | Estate Planning |
Introduction The shocking failures of Silicon Valley Bank and Signature Bank highlighted the need of protecting one’s hard-earned money. The Federal Deposit Insurance Corporation (FDIC) provides depositors with a safety net by insuring their funds if their banks...
by Jiah Kim | Apr 13, 2022 | Estate Planning |
A trust allows you to delegate the management of your assets to a third party on behalf of your beneficiaries. A foundation is a legal entity similar to a company, but trusts are legal relationships between the settlors, trustees, and beneficiaries. As a result,...
by Jiah Kim | Jan 7, 2018 | Estate Planning |
When preparing an estate plan, there are a variety of reasons to consider using a trust (or multiple trusts) to distribute your assets after your death. Trusts offer certainty that your final wishes will be carried out as you intend, they offer the flexibility to...
by Jiah Kim | Dec 6, 2017 | Estate Planning |
When going through the estate planning process, there is no shortage of options when it comes to ways to preserve your wealth for future generations. But, while the list of options may seem endless, certain options are better than others in certain circumstances, and...
by Jiah Kim | Nov 24, 2017 | Estate Planning |
When you prepare an estate plan, you make decisions about the future based on the information that you currently have available. As time goes on and circumstances change, you may find that your estate plan has become outdated. This is normal, and it is not...