Will

Estate & Trust Planning Strategies: Power of Appointment and Disclaimer Trust Explained

April 6, 2023By KROST Wealth

Anyone can disclaim a part of their inheritance. By doing so, it would go to the successor’s heirs as if the beneficiary had predeceased the decedent. But what if the beneficiary doesn’t want that bequest to go to their children, and instead, a favored niece or nephew? Is it possible to do that? The simple answer is Read the full article…

The Trust “Oil Change” – Reviewing and Updating Your Trust

January 23, 2023By KROST Wealth

As one annually services their automobile for an oil change and routine maintenance, it is also prudent to review your trust to confirm that your original documents are consistent with your wishes. At a minimum, one should look at the following provisions of their trust to determine if any changes are required: Successor Trustee – Read the full article…