An incentive trust is used to provide incentive to the beneficiary of a trust to do something, or to refrain from doing something. An incentive trust, established by Illinois estate attorneys, may provide a good way for heirs to make important decisions and lifestyle changes that will impact their future. Establishing an Incentive Trust Fearing a generation of trust-fund kids without jobs, responsibilities or obligations, many families are establishing incentive trusts for beneficiaries as … [Read more...]
CFPB Rules Can Help You Keep a Mortgaged Property When Your Loved One Passes Away
The new guidelines from the Consumer Financial Protection Bureau (CFPB) make it easier for people to assume an existing mortgage… READ MORE
