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Trusted Ideas Blog

2022 New Year’s Resolutions

If you’re like many individuals this time of year, you’re starting the year off by creating a list of things you’d like to accomplish in 2022.

Estate Planning and Wealth Transfer for Blended Families

Trusts can give a clear understanding of the division of assets after a grantor’s death while also caring for a surviving spouse and children separately and lessening any tension.

Educating the Next Generation: Ensuring Your Family Legacy Continues

Preparing the next generation can help ensure your loved ones have a genuine understanding of the values that have helped to create the family legacy.

The Pros and Cons of Probate

While some financial planners may recommend that those with larger estates try to keep property out of probate whenever possible, this is not a “one size fits all” solution.

When to Consider a Corporate Co-Trustee

By appointing a corporate co-trustee, an individual shares the responsibility of trusteeship with a corporate trustee like Cumberland Trust. This arrangement allows a family member to continue to play a role in the trust management, while Cumberland Trust provides the technical expertise.

Writing a Letter of Intent

If you are in the process of establishing an estate plan for the first time or revising your existing estate plan, you are already familiar with the...

A Meaningful Gift to Leave Behind for Family Members and Loved Ones

The holiday season is upon us, and while this year’s celebrations and gatherings may be limited, we hope you are still able to enjoy the holidays...

Estate Planning 101 for Young Families

Working with an attorney to determine what estate planning documents best fit your and your family’s needs is a critical exercise for young...

What is Probate and Should You Try to Avoid it?

Frequently, when individuals or families are contemplating wills, trusts, and an overall estate plan, the question of probate court comes up and how to bypass the probate process.