A Commitment
to Each Client.
Serving as a trustee can place you in difficult situations, especially if you are also a family member, business owner or beneficiary of the trust. A decision that seems practical may raise concerns if it appears to benefit you instead of the trust. That does not...
Both income taxes and estate taxes can affect what people inherit. An estate may need to pay the taxes owed by the person who died, as well as estate and income taxes incurred during estate administration. Heirs and beneficiaries do not receive the entirety of their...
Estate administration can take a year or longer, especially if there are disputes involved. Probate litigation can arise if there are questions about the legitimacy of estate documents. Lawsuits also frequently follow complaints about the conduct of a personal...
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...
Most adults know that they should have an estate plan in place to guide their loved ones about various matters if the creator becomes incapacitated or passes away. They may not realize that business owners need to have a component that other people don’t. Business...
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...
