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The dangers of using incentive trusts

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Thursday, December 20, 2018. When you leave your money and assets to your loved ones, you may want to inspire them to do something in their lives that you believe would make it better for them in the long run. Perhaps during your life, those same [...]

By |2020-07-18T14:22:02+00:00July 16th, 2020|Financial|0 Comments

Trust administration takes a considerable amount of work

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Friday, February 15, 2019. Many people use trusts as part of their estate plans because they can add layers of protection for assets, help prevent assets from going through probate and have terms regarding the usage of the assets. Still, trusts need someone in charge of [...]

By |2020-07-18T14:22:24+00:00July 16th, 2020|Financial|0 Comments

A special needs trust can protect your child

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Wednesday, May 15, 2019. When most people make plans, their first thoughts often include finding the most convenient and comfortable way to accomplish their goals. For example, planning a vacation may mean finding the quickest route and searching for hotels with pools or other amenities. As [...]

By |2020-07-18T14:22:50+00:00July 16th, 2020|Financial|0 Comments