Estate and Elder Law Information Center
SHOULD I HIRE A TRUST ADMINISTRATION LAWYER IF I’M THE TRUSTEE? - One of the most popular additions to a comprehensive estate plan is a trust. Though once used primarily by wealthy families as a way to shelter, control, and pass down their wealth, trusts are now commonly found in the estate plan of …
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The Secret Power of Trusts - You're ready to face the task of documenting how you will pass along your assets to your family and friends. But you're stuck: Should you use a trust or a will? Here are four considerations. Trusts avoid probate; wills don't. Probate is the legal process estates …
CNBC: Authored by Sarah O'Brien "Putting a plan in place for those assets helps ensure that upon your death, your wishes are carried out and that family squabbles don’t evolve into destroyed relationships." Former Zappos CEO Tony Hsieh, who died last week from injuries sustained in a …
A Quick Introduction to Trusts - You may be thinking of creating a trust to help manage your assets — or maybe you don't even know how a trust could help. Here is a basic overview of trusts: A trust is created by you, the grantor. You write the rules governing how the trust will operate — what it …
Review Your Trusts: The When and the How - Common assets placed into a trust include your home, bank accounts and stocks. With a revocable trust, you name yourself as the trustee to remain in control of your assets. When you die, your trust becomes irrevocable and is transferred to a designated …
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