by Hougum Law Firm, LLC | Aug 16, 2022 | Estate Planning
Are you and your spouse considering adding a Spousal Lifetime Access Trust to your current estate plan? A Spousal Lifetime Access Trust, more commonly referred to as a “SLAT,” is an estate planning tool that you and your spouse may want to use. It allows you to remove... 
by Hougum Law Firm, LLC | Aug 2, 2022 | Estate Planning
Are you considering adding a trust to your estate plan, but not sure what a trust can do? A trust is an estate planning tool into which you place your assets. These assets are then managed by a trustee selected by you for the benefit of the trust’s beneficiaries.... 
by Hougum Law Firm, LLC | Jan 5, 2021 | Estate Planning
Did you know that trusts can be useful tools in many estate plans, even the plans for people with moderate wealth? Trusts can prevent probate, which can be costly and time consuming, and some trust can protect assets from creditors and taxation. Having a basic... 
by Hougum Law Firm, LLC | Dec 2, 2020 | Elder Issues, Estate Planning, Power of Attorney
Have you asked the question, “How do I choose an estate planning attorney near me?” Choosing the right estate planning attorney for your family can be a tricky process, which often puts people off the topic entirely and leads to the mistake of failing to...
