Return to Main Site Kudos to the Tarheels and the Huskies; "Jump Ball" Closer to Home?
Post By George in Estate Planning - PeopleIn both the men and women’s brackets, this year’s March Madness was a testament to the strength of established programs. How does your plan compare? Will guardianship of your children be a “jump ball” between well-intentioned-but-perhaps-not-so-suitable relatives? Whether or not you have the good fortune to be leaving a taxable estate, your will should nominate fiduciaries (executors, guardians, and trustees) (and keep a few substitutes/successors on the bench – you’re not the only one who’s mortal…) to care for those-you-leave-behind. And it’s not just for the minors – most plans leave funds in trust for beneficiaries up to age 25, 30, or even 35.