Month: November 2022
5 types of trusts you can set up for your minor child
If you’re a parent — or grandparent — of one or more young children, you may want to consider setting up a minor trust for them. A minor trust allocates money or property to an established beneficiary once they reach adulthood. You can create any kind of trust for your child(ren). Here are five common…
3 things to know about eminent domain
Eminent domain is a legal concept that enables real property to be seized for reasons that are for the betterment of the general public. The proceedings that lead to the seizure of private property are known as condemnation proceedings. Property that’s taken under eminent domain, which is covered in the Fifth Amendment, isn’t free. The…