A: Your assets are the “sandwiches” that go inside the basket. REMEMBER: to have a picnic, you need both a picnic basket AND sandwiches inside the basket. Next week, we’ll talk about tips to make sure you are able to pack all of your “food” (your assets) inside your “picnic basket” (your trust)!
Q: If a trust is a “picnic basket”, then what are my assets?
by Rose Law Firm of Napa Valley, Inc. | Apr 13, 2022 | Estate Planning, Q&A |
Categories
- Annual and Lifetime Gift Tax Exclusions (7)
- Business (9)
- Conservatorships (2)
- Español (3)
- Estate Planning (173)
- Joint Tenancy (3)
- Q&A (187)
- Succession Plan (4)
- Title and Deeds (24)
- Trust And Estate Administration (63)
Recent Posts
- Q: My partner and I are not married and do not plan to marry. Can we still benefit from an estate plan?
- Q: I own a business and a home. Should I still have a living trust even if I am unmarried and don’t have any children?
- Q: Is it true that my mother’s estate, which was rather modest, will not require a full probate because of its relatively small value?
- Q: My uncle died and his estate needs to go through probate. He did not have a Will. Who will receive the assets of his estate at the end of the probate?
- Q: Why might it be better for me to completely restate my trust versus simply amending it?
Connect with us
Pay Online Here
