A trust is used to control how assets transfer after death. When the grantor dies, the trust becomes an active legal entity.

Dear Liz: My husband agreed to serve as successor trustee for his brother’s living trust several years ago. My brother-in-law also added me as a backup. My brother-in-law’s financial situation has ...

This is read by an automated voice. Please report any issues or inconsistencies here. Your brother made you a successor trustee of their living trust—not an executor—and you’re not obligated to accept ...

In recent years, as the economy has faltered and banks have failed, merged and re-emerged, the fiduciary business with its annuity revenue stream seems more attractive than ever. But is it, really?

Elderly persons often sign new estate documents, including trusts and trust amendments. Certainly, all persons with competence and without improper influences have the right to leave their property to ...