Separate trusts can provide greater flexibility, but a joint trust can be structured so that when one spouse passes away, the trust is split into two subtrusts: a survivor’s trust and a decedent’s trust.
Legal Insights
Understanding ADA Compliance for Commercial Properties
When discussing commercial properties, one cannot overlook the importance of adhering to the Americans with Disabilities Act (ADA). Enacted in 1990, the ADA is a landmark piece of legislation designed to ensure that individuals with disabilities have equal access to...
Part 2: Testamentary Trusts: The Best of Both Worlds
Do Not Forget Other Important Documents Even if you choose to include a testamentary trust as part of your will, there are other important estate planning tools you must have to properly protect yourself and your loved ones. Because a will only covers what happens to...
Testamentary Trusts: The Best of Both Worlds
You have several different options when it comes to creating the right estate plan. Some people believe that a revocable living trust is the best way to go, while others think that a last will and testament (commonly known as a will) is best under certain...
How Social Media Can Impact Your Personal Injury Case
Social media platforms allow us to connect and share, however, if you are involved in a personal injury case what you share on social media can have unintended consequences that may influence the outcome of your claim. Seemingly innocuous posts can come back to...
Adam H. Thayer, Esq. Now Licensed in 7 States: RI, MA, CT, VT, NH, ME & Florida
Attorney, Adam H. Thayer, Esq., the leader of the commercial real estate group at Sayer Regan & Thayer, LLP, recently passed the Florida Bar exam; adding state #7 to the firm’s growing practice areas.
Important Differences Between Wills and Trusts
While a trusted estate planning attorney can help you understand the differences and help you create both, we’d like to go over the differences between these two important documents so you get a better understanding.
Is Your Business Divorce Proof?
In Rhode Island, as in most states, all assets created or acquired during the marriage are considered marital assets. That means that whatever business you own and the money you make from it is shared with your spouse.
Understanding How to Use a Power of Attorney
On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Wednesday, December 9, 2020. From incapacity to frequent travelers to old age, there are many reasons why one would need to set up a power of attorney (POA). With this...