A Commitment
to Each Client.
When someone creates a trust, they expect the trustee they choose to manage the assets effectively and carry out their wishes. Trustees have a legal obligation to act in the best interests of the beneficiaries. However, not every trustee fulfills those duties as they...
A large estate can give a family comfort, opportunity and security. It can also create pressure. When a trust holds business interests, real estate, investment accounts or inherited family property, small misunderstandings can turn into serious fights between...
There are numerous benefits to establishing a revocable living trust. It is possible to make occasional adjustments to the trust documents until the trustor dies or becomes incapacitated. Additionally, the party funding the trust can also choose to act as the initial...
People who opt to establish an irrevocable trust typically use this option so they can take advantage of the protective benefits. Those come in exchange for not being able to change or cancel the terms of the trust. While this isn’t an issue for some situations, there...
A trust is meant to provide clarity, protect family assets and make sure a person’s wishes are carried out. But as families, finances and laws change, a trust that once worked well may no longer fit your current circumstances. Signs your trust may be outdated A trust...
Trusts are common and useful vehicles for those doing their estate planning. But there are different types of trusts and that can confuse people because they may not even know the right questions to ask. Complex situations involving multiple spouses and children from...
People who are creating an estate plan need to determine the best methods for ensuring their chosen beneficiaries will receive the specific assets the creator wants them to get. There are several estate plan components that can accomplish this. Some assets can be...
There are numerous documents people can use when drafting an estate plan. Some of them take effect while the testator is still alive, while others only have authority after their death. Testamentary documents that gain authority after someone's passing are often the...
Trusts are very popular ways of making sure that an estate’s assets do the most good and fulfill a testator’s wishes over the long run. Having the right trustee to manage and administer a trust is, naturally, critical. What happens, then, if you have lost faith in a...
A trust can be a very useful estate planning tool. It can give someone more control over one's legacy and enhanced protection from collection activity later in life. Many people creating a trust transfer significant assets to fund the trust. They may then expect that...
