Entries by Virginia Bartelt

What is a Trust? Do I need one?

What is a trust agreement? A trust is a legal entity that is separate from the individual or individuals who created it. A trust is created by a document called a trust declaration or agreement. A trust agreement is made between the creator of the trust, called the grantor or settlor, and the party who will manage the trust, called the trustee. […]

Do I need an estate plan?

What is an estate plan? An estate plan consists of a primary document, typically a will or a revocable living trust, that directs what happens to your property after you die. An estate plan also usually includes documents such as financial and health care powers of attorney to appoint agents to make important decisions for you while […]