Protecting Assets Owned by a Trust: Is Your Trust Named as an Insured?

Trusts are commonly-employed structures for wealthy families. To manage estate taxes as part of an overall estate planning strategy, it is common to transfer ownership of a home from an individual to a trust. However, this well-intended strategy can have potentially disastrous outcomes by creating exposure to potential uninsured claims. In the event of a … Continued

Umbrellas For All Seasons

Risk management is an important component of overall financial planning, and various forms of insurance exist to help mitigate exposures. In addition to the familiar insurance for homeowners and comprehensive and collision on autos, personal liability insurance provides an additional layer of financial protection against the risk of causing bodily injury or property damage, such … Continued