A trust is used to control how assets transfer after death. When the grantor dies, the trust becomes an active legal entity.
Estate planners need to rethink how they draft choice of situs provisions as reforms finally modernize 55-year-old trust law ...
For many beneficiaries, financial oversight is inextricably linked to histories of loss, instability or betrayal, making ...
States gut fiduciary duties as trustees gain power to eliminate protections through decanting and silent trust structures ...
When creating a trust, determining who you want to serve as trustee(s) and benefit from the trust as beneficiaries are decisions that need to be made for every trust. The role of “trust protector” may ...
Estate planning varies by individual. Wills are public, slow, and only control assets in your name, while revocable trusts ...