What Is The Trustee Duty To Give Notices?

Anyone who has recently been appointed in the role of trustee needs to understand the action steps they must take in order to comply with the terms of the trust as well as any relevant state laws. This can help to avoid future potential disputes and liability issues facing that trustee. A trustee who has… Read More »

What To Know About Receiving An Inheritance

It can be very important to discuss your estate planning intentions and strategies with a person who will receive a substantial inheritance. A recent study by the Survey of Consumer Finances found that the average inheritance for the middle class in the United States is $110,000. Yet another survey found that people in retirement hoped… Read More »

What Are Trust Funds?

If a loved one created a trust for the purposes of accomplishing estate planning or transferring assets, you could be listed as a beneficiary of assets inside that trust. If so, it is to your benefit to educate yourself about how trust works so that you can be fully prepared for what to expect. There… Read More »

Should You Use a Corporate Trustee?

When establishing a trust to help to preserve your wealth, you may think about a variety of different types of friends and family members who might be the right choice. However, in some cases, it may be to your benefit to use a corporate trustee. You can always consult with a dedicated attorney to discuss… Read More »

Study Shows Disconnect with Estate Planning

Plenty of grandparents and parents have firm ideas about what they’d like their loved ones to receive when they pass away. But research shows that nearly 6 in 10 people in the United States have no will in place. This is the most basic cornerstone document of estate planning, and is extremely important to have… Read More »