Category Archives: Trusts

We’re Growing — and We’re Grateful

At Mathews Law, growth has never been about becoming bigger for the sake of being bigger. It has always been about serving our clients well — with care, clarity, and intention. Over the past several years, we have been honored to work with so many wonderful individuals and families in our community. Because of thatContinueContinue reading “We’re Growing — and We’re Grateful”

Why Your Family Needs a Mission Statement

You probably know you “should” have a will or a trust, but have you ever talked with your family about why your money exists in the first place? A simple family mission statement can dramatically increase the odds that your wealth and your relationships stay intact for generations. Read more…

What to Do When You’re Ready to Create Your Estate Plan but Your Spouse Isn’t

It’s heartbreaking when one spouse is eager to protect the family through estate planning and the other resists. Here’s what to do when your partner isn’t on board. Read more…

Avoid These Mistakes When Planning for Minor Children

One of the most valuable parts of estate planning is making a plan for your minor children. Leaving an inheritance that considers minor children has unique challenges and responsibilities. Taking the time to properly plan, you can ensure the long-term needs of your children are met. Here are common mistakes people make when leaving assetsContinueContinue reading “Avoid These Mistakes When Planning for Minor Children”

Why Reviewing Your Trust Regularly Isn’t Optional- It’s Essential

You’ve taken the important step of creating an estate plan, and it includes a trust. Nicely done and congratulations! This shows you care deeply about keeping your family out of court and conflict, ensuring your wishes are known and honored, and you do not want to leave behind a mess for the people you love.ContinueContinue reading “Why Reviewing Your Trust Regularly Isn’t Optional- It’s Essential”

Estate Planning Strategies for Same-Sex Couples

The political landscape is shifting, and many same-sex couples are worried about what could happen if federal protections for their marriages are rolled back. You’ve worked hard to build a life together, and the last thing you need is uncertainty about whether your marriage, your assets, or your rights will be recognized in the future.ContinueContinue reading “Estate Planning Strategies for Same-Sex Couples”

Should I Name a Person or a Trust as My Beneficiary on a Retirement Account?

When planning your estate, one of the most critical decisions is determining how to pass on your 401(k), IRA, or other retirement accounts. You have two primary options: naming beneficiaries directly or naming a trust as the beneficiary. Each approach has distinct advantages and disadvantages, particularly concerning tax treatment, asset protection, and control over distributions.ContinueContinue reading “Should I Name a Person or a Trust as My Beneficiary on a Retirement Account?”

How Do Assets Pass to Beneficiaries After Death?

You might be wondering what happens to your stuff after you’re no longer around. Today, we’ll explore the two primary paths through which assets are transferred to beneficiaries after one’s passing – one entails legal proceedings, while the other offers a straightforward, more hassle-free process. Outside of Court The easiest option is passing assets outsideContinueContinue reading “How Do Assets Pass to Beneficiaries After Death?”

Critical Reading: Estate Planning for Parents of Kiddos With Disabilities

As an estate planning attorney, my journey has illuminated the paramount significance of crafting comprehensive estate plans, particularly for parents with children with disabilities. Today, we delve into why estate planning is not just a legal necessity but a profoundly compassionate and empowering act. Families with kiddos should consider estate planning as an essential aspectContinueContinue reading “Critical Reading: Estate Planning for Parents of Kiddos With Disabilities”