Creating a trust as part of your estate plan is something you might consider if you'd like to ensure that your assets will be managed according to your wishes after you're gone. When you establish a ...
What happens when the trustee's work takes more time and effort than anyone anticipated? And how much, if anything, should a ...
When setting up an estate plan, one of the toughest decisions to make is who to leave in charge. Who do you choose to […] ...
An important estate planning decision that you could face when setting up a living trust is choosing a trustee or trustees to oversee it. Appointing multiple trustees can enhance the management of ...
Trusts can be a useful tool for estate planning when you want to leave specific instructions about how your assets should be managed during your lifetime and beyond. Part of creating a trust means ...
One of the most overlooked decisions in estate planning is choosing who will carry out your wishes when you’re no longer here.
Under the settlor’s original estate plan (revocable trust and associated pour-over will), upon settlor’s death, all settlor’s children were to receive equal beneficial interests under the trust. Under ...
Forbes contributors publish independent expert analyses and insights. Christine Fletcher writes about managing trusts and estates. After you are gone, your trustee will either need to hold assets in ...
Delaware’s decanting statute allows a trustee to “decant” a trust by “pouring” the corpus out into a new modified trust. But, to do so, a trustee must have been able to invade the trust principal ...
Change is inevitable. Smart estate planning involves planning for what-ifs — and that should include how beneficiaries will use and interact with any trusts you might put in place. When considering ...
Creating a trust as part of your estate plan is something you might consider if you'd like to ensure that your assets will be managed according to your wishes after you're gone. When you establish a ...