Common Trust Mistakes

Many people use living or revocable trusts as part of their estate plans. Trusts are powerful estate planning tools that can help people achieve a variety of goals including avoiding probate and protecting beneficiaries. A large number of trusts are signed and then...

Eliminating Mortgage Liens Through Bankruptcy

Some people are able to eliminate mortgage liens on their house during bankruptcy in a process referred to as “lien stripping.” It is important for people to know that lien stripping for most liens is only available through Chapter 13 and not Chapter 7 bankruptcy. To...

The New Estate Tax Law

The new estate tax law in the country doubles the exemptions that are available to a person after death, increasing  the amount to $11 million per person. Additionally, married couples are able to leave a combined $22.4 million worth of property without an estate tax...