With incentive trusts, parents and grandparents can ensure that the assets they leave to the next generation will be protected and spent wisely. Many parents or grandparents with sizable amounts…
Being asked to serve as the trustee of the trust of a family member is a great honor. It means that the family member trusts your judgment and is willing…
Most people want to pass their assets to their children or grandchildren, but naming a minor as a beneficiary can have unintended consequences. It is important to make a plan…
If you are worried that disappointed heirs could contest your will or trust after you die, one option is to include a “no-contest clause” in your estate planning documents. A…
All trusts should be reviewed every few years to make sure that they are up-to-date with the law and meet your current goals. Following is a checklist of trust features…
One of the most important decisions a special needs trust’s donor (the person who supplies the funds for the trust) makes is the choice of a trustee for the trust….
A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a “trustee,” holds legal title to property for another…
Being a trustee for a living trust is a big responsibility and if you don’t perform your duties properly, you could be personally liable. That’s why it’s important to hire…
Everyone has heard the terms “will” and “trust,” but not everyone knows the differences between the two. Both are useful estate planning devices that serve different purposes, and both can…
Trust protectors — long popular in offshore trusts set up by high rollers — are growing more common in trusts established here in the U.S. by less affluent folks. A…
