http://pecklaw.info/blog Just another WordPress weblog Thu, 19 Jun 2008 11:55:53 +0000 http://backend.userland.com/rss092 en Does a trust make sense? Source: http://money.cnn.com/magazines/moneymag/money101/lesson21/index6.htm   The notion of a legal trust may conjure up images of country clubbers cradling gin-and-tonics. The truth is a trust may be a useful estate-planning tool for your family if you have a net worth of at least $100,000 and meet one of the following conditions, ... http://pecklaw.info/blog/?p=6 Why do I need a will? Source: http://money.cnn.com/magazines/moneymag/money101/lesson21/index3.htm   A will is a device that lets you tell the world who you want to get your assets. Die without one, and the state decides who gets what, without regard to your wishes or your heirs' needs. So-called intestacy laws vary considerably from state to ... http://pecklaw.info/blog/?p=4 Top things to know Source: http://money.cnn.com/magazines/moneymag/money101/lesson21/ 1. No matter your net worth, it's important to have a basic estate plan in place. Such a plan ensures that your family and financial goals are met after you die. 2. An estate plan has several elements. They include: a will; assignment of power of attorney; and a ... http://pecklaw.info/blog/?p=3