You better think twice before putting your child’s name on your deed. I’m attorney Paul Bernstein of the Bernstein law group. Why do I say you better think twice before putting your child’s name on the deed of your house? Well, you’re probably thinking, I’ll put their name on the deed so if I pass, it’ll just go to them. They’ll own it. No court…
Revocable Trust vs. Irrevocable Trust
I’m Attorney Paul Bernstein of the Bernstein Law Group. And today, I’ll talk about revocable versus irrevocable trusts. So what’s the difference between a revocable and an irrevocable trust? Simply put, a revocable trust is one where the trust maker or the grantor can change the words. An irrevocable trust means that the trust maker can’t change the words of that trust. That doesn’t mean…
How to Protect Your Child’s Inheritance From Divorce
I’m attorney Paul Bernstein of the Bernstein law group. And I’d like to illustrate how to protect the inheritance for your child if they should ever get divorced. Here’s an example. A story of two families Let’s talk about two families. We have the Night family and the Day family. The Night family The Night family went to see an attorney and they said they…