In the animal kingdom, predators always pick the most vulnerable member of the herd to prey upon. The same is true of the human predators we call scam artists. In our current economy, seniors often have the assets that attract criminals to use schemes to separate elders from their accumulated wealth. While new schemes are thought up each day, here are three of the most common.

One: Schemes using the Internet: As more and more computer-literate folks become seniors, and an ...

When determining the kind of trust you need, the choices may be overwhelming. When it comes to the basics, it’s simple – there are two basic kinds of trusts.

• Testamentary Trust: set up by a will and go into effect only after a person dies.
• Living Trust: set up and exist when someone is alive and continue after they pass. Living trusts are most often recommended by Vanguard Legal Group.

Now, let’s look deeper at Living Trusts. There are two kinds of living ...

One big choice you have to make when estate planning is choosing your executor. Executors have a variety of responsibilities, so it’s important to select a person who has shown financial responsibility, stability, and honesty.

It’s best to pick someone that can avoid a conflict of interest, meaning they do not have any stake in the estate. We recommend a friend or trusted business acquaintance, but not a family member named in the will, or a business partner. Be sure the ...

What would happen to your estate if you passed away today? Have you planned ahead so your family isn’t left with the burden of probate? Did you also know that probate is a very expensive and time consuming process, but that it can be completely prevented?

Establishing a living trust is the best way to ensure your loved ones are not faced with probate. A living trust is one of the most important legal documents that you could have to protect ...