When Do Irrevocable Trusts Make Sense?
As conveyed in the name, setting up an irrevocable trust requires serious commitment. Though there are legal remedies that can be applied if life circumstances shift after an irrevocable trust is established, lawyers recommend…
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Out With The Old: Renovation Time
A $40 million construction project will get underway in 2023 at New York City’s venerable Metropolitan Museum of Art. Slated to open in 2025 the 15,000 square foot renovation of the Ancient Near East…
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Pittsburgh: City of Bridges
With more bridges than any city in the world, Pittsburgh is looking forward to putting federal infrastructure funds to work on critical repairs. In fact, bridges across Pennsylvania are overdue for attention: they received…
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Estate Planning: Debt Discussion
When a loved one names you to execute their will, take it seriously. Count yourself lucky if you have plenty of time to speak with them about their intentions. Take the time to get…
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Filial Responsibility Laws?
Can the adult children of deceased parents be required to pay off their debts? Legal experts explain that confusion around this issue is widespread. Here’s why, along with information and guidance for families working…
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Expansion: The Soo Locks System
Supply chain challenges have underscored the importance of infrastructure builds aimed at supporting a smooth flow. Take, for example, the much needed expansion of the Soo Locks system in Michigan. Chances are good that the…
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Restoration: The Everglades
Topping the list of civil works projects the U.S. Army Corps of Engineers (USACE) will execute this year, is a $1.1 billion effort to restore and protect South Florida’s ecosystem. In 2022, the USACE…
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Executor Duties: Debts Before Distributions
Typically, executing a will is associated with distributing the assets of the deceased to beneficiaries in accordance with the terms of the will. Although this is one of the important functions of the executor, assets…
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Leave These Assets Out: Trusts
Establishing a revocable living trust helps you plan for your own needs as you age or decline in capacity, and arrange for the transfer of assets to the beneficiaries named in your trust agreement….
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