A trust contest can jeopardize your last wishes, deplete your estate and create a lasting rift in your family. Strange things happen – or rather, people act strangely – when money is at stake. A trust content can divide a family for generations. Besides, the cost of...
An irrevocable trust is forever, right? Well, not necessarily. When a trust no longer seems to serve the purposes for which it was intended or the laws have changed in ways that no longer work well with the terms of the trust, an old trust can sometimes be “decanted”...
When you’re developing your estate plan, choosing an executor to manage your estate and trustees to manage your trusts after you’re gone are among the most important decisions you’ll make. If you’re a family member or other beneficiary of a will or trust, you’ll have...
A fiduciary assumes the duty of acting in the best interests of another person. But this responsibility is violated when the fiduciary acts solely in their own interest. This self-dealing can lead to trust contests and other estate lawsuits. Self-dealing explained...
Many people set up revocable living trusts to provide themselves with an opportunity to control the fate of their properties and to help their loved ones avoid probate upon their death. Assets that may go into the name of the trust include homes, accounts and even...
