People look to trusts to enable them to avoid the often lengthy delays and fees of probate, to reduce taxes, and to protect their privacy, since wills are a matter of public record. Trusts can also enable a trustee to step in immediately without court intervention to...
A trust is a valuable tool to take care of your family after you are gone. They enable you to avoid probate for the named assets, protect privacy, avoid certain fees and taxes, avoid lengthy delays, provide financial care for minor children and many other benefits....
https://chesapeakewillsandtrusts.com/wp-content/uploads/2025/05/why-cwt-created.mp4 Greg Jimeno of Chesapeake Wills &Trusts, an estate planning firm in Maryland, discusses the devastating experience his grandparents had with estate planning, — and how that...
Two of the most common estate planning tools are trusts and wills. While both serve as a secure way to provide for the management and distribution of your assets after your death, they are set up differently and operate in different ways. To understand why so many...
Trusts are extremely useful tools that can be used to accomplish many different goals in estate planning. But they are artificial legal creations, and unless you work with them on a regular basis, they can be confusing. At Chesapeake Wills and Trusts, we believe...
With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you can take to keep your estate from being taxed. An irrevocable life insurance trust allows you to pass on money to your heirs while avoiding both the federal...
