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7 Reasons for Creating a Trust

When you think of a trust, you may have visions of contentious family gatherings in an attorney’s office after the death of a patriarch or matriarch.
07/14/23 • by: Vick Law, P.C.
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4 Ways to Leave Assets to a Minor

You cannot name a legal minor as a beneficiary. This applies to almost all legal documents, most notably wills and life insurance policies.
07/11/23 • by: Vick Law, P.C.
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What Are the Essential Parts of an Estate Plan?

While legal documents may seem obtuse and difficult to understand, they are crucial for estate purposes.
07/11/23 • by: Vick Law, P.C.
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5 Reasons a Trust is Right for You

If having assets distributed outright to a beneficiary could cause potential problems, there are several reasons to think about creating a trust.
07/06/23 • by: Vick Law, P.C.
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How Does a Special Needs Trust Work?

If you have a family member with special needs, you might face emotional and physical issues. However, you also may be concerned about maximizing the financial support that your loved one requires.
07/03/23 • by: Vick Law, P.C.
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What Can You Do If Someone Steals Your Inheritance?

As far as the “how” goes, it’s important to remember that inheritance theft can take many different forms.
07/03/23 • by: Vick Law, P.C.
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What is the Purpose of a Blind Trust?

Trusts can be used to hold assets for a beneficiary, and you may hear about them when carrying out estate planning or evaluating strategies to pass investments to heirs.
06/28/23 • by: Vick Law, P.C.
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Do You Pay Taxes on Gifts From Parents?

In an effort to keep taxpayers from transferring wealth from one generation to the next tax-free, there are specific limits to the amount of gifts one may give to any one person each year.
06/27/23 • by: Vick Law, P.C.
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8 Tips for Selecting an Assisted Living Facility

Choosing an assisted living facility is a big decision. Whether you decide for yourself or a loved one, you want to find a new home that meets all your clinical, financial and lifestyle needs.
06/27/23 • by: Vick Law, P.C.
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How Do The Rich Pass Wealth to Their Children?

If you’re part of the baby boomer generation, you may be in the process of making plans to pass on any assets you have to your children and other beneficiaries.
06/23/23 • by: Vick Law, P.C.
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