Month: December 2021

Types of trusts

There are a variety of trusts, and each one has a different intent. In simple terms, a trust holds assets for a beneficiary, and it is a financial arrangement among the beneficiary, the trustor and the trustee. The trustor is the party that creates the trust, while...

Common challenges in a gray divorce

A lengthy marriage may prove more challenging to end. The longer the relationship, the trickier a divorce. A gray divorce occurs when spouses over 50 decide to split. People approaching retirement account for the largest number of divorce filings. The road through a...