Trusts – LWP Marketing Toolit

Blended Families, Big Decisions

SM_Admin — Mon, 20 Oct 2025 18:48:26 +0000

Modern families come in all shapes and sizes – second marriages, stepchildren, unmarried life partners, and chosen families.

Is It Time for an Asset Protection Trust?

SM_Admin — Mon, 20 Oct 2025 18:46:28 +0000

Most people don’t think about protecting their assets until something bad happens, like a lawsuit, nursing home bill, or financial crisis.

Considerations when Gifting to Grandchildren

SM_Admin — Wed, 09 Oct 2024 14:16:31 +0000

Many state and federal programs – including Medicaid and Veteran’s Administration benefits – are needs-based programs, wherein making gifts could disqualify you from those programs. So what are some options to consider when giving money to grandchildren, nieces and nephews, or other intended beneficiaries?

How to Avoid Challenges in Your Will or Trust

SM_Admin — Wed, 19 Apr 2023 18:56:31 +0000

Although you may have taken the time to create well structed wills and trusts, there are some common challenges which may present themselves upon your passing. Disputes amongst beneficiaries can result in bitter family relations, costly court proceedings and financial devastation. The following are some proactive measures you can take to avoid common challenges and ensure your documents accomplish your intended goals.

A Will is a Key Component of Any Estate Plan, But It’s Not Enough

SM_Admin — Wed, 24 Aug 2022 18:29:19 +0000

When most people think of estate planning, usually writing out their will comes to mind. While a will can help you accomplish a number of important planning goals, it’s certainly not a complete plan to protect your future.

How to Protect the Legacy of Your Vacation Home

SM_Admin — Tue, 28 Jun 2022 20:53:05 +0000

For generations, the children in your family have learned to swim by jumping off of the dock of your family’s vacation home. It’s a rite of passage for each grandchild to learn how to bait a hook from grandpa while fireflies flicker in the summer heat. The legacy of a vacation home is the pinnacle of the American Dream. Many people work their entire lives to afford a home in their dream destination. While you dream of passing down this home (and the memories) for generations to come, have you thought of how to protect this family legacy?

The Objectives and Benefits of a Spendthrift Trust

SM_Admin — Fri, 22 Oct 2021 19:10:57 +0000

A spendthrift trust is typically used to prevent a beneficiary from receiving his or her inheritance all at once. There are several reasons why a grantor (the person who creates the trust) might want to consider such an approach. The most obvious reason is that the grantor believes the beneficiary will quickly squander the inheritance. That is, the beneficiary is a spendthrift.

Do You Need A Trust?

SM_Admin — Thu, 29 Apr 2021 19:06:41 +0000

One of the first questions many clients ask is whether they need a trust. It’s a great question, but it leads to another: What do you want your plan to accomplish? Let’s begin with a brief discussion of what trusts are and how they work. Then we’ll explore their benefits, which should give you a better idea of whether a trust is right for you and your family.