Basics of Core Plus Planning
Core Plus Planning is designed to give clients the right balance between creating an estate plan that covers what’s essential without adding unnecessary complexity or cost.
The “Core” includes key documents like a Power of Attorney, Health Care Proxy, HIPAA Authorizations, and a basic Will or Trust. From there, we add only what makes sense for each client, whether that’s an LLC, a life insurance trust, or another tool to meet their goals.
Too often, estate plans are made more complicated than they need to be. Core Plus Planning keeps the focus on what matters most: a clear, tailored, and cost-effective plan that fits each client’s needs.
How can a Spendthrift Clause in my Trust Protect my Beneficiaries?
Looking to protect your children or other beneficiaries from creditors, lawsuits, or divorce after you’re gone? A spendthrift clause in your trust may be the key. This powerful estate planning tool can help safeguard inherited assets by limiting a beneficiary’s ability to assign or lose their inheritance to outside claims. Learn how spendthrift provisions work, when they’re most effective, and how Massachusetts courts (like in Pfannenstiehl v. Pfannenstiehl) have treated them in divorce cases. If you want to ensure your estate plan truly protects your loved ones, this is essential reading.