One of the most important functions of the trustee is distributing the trust assets according to the wishes of the creator of the trust (trustor) as set forth in the trust agreement. With proper plan...
PostA breach of fiduciary duty occurs when a trustee does not act with loyalty or care in their dealings with the trust and the beneficiaries. Read on for more information about breach of fiduciary duty b...
The question of whether a trust be better than a will has no simple answer since so many factors must be considered in estate planning. Your decision is personal and individual, and must suit your par...
Breach of fiduciary duty by a trustee, which can range from poor investing to outright theft, can be monitored, prevented, and remedied. As a beneficiary of the trust, you have the right to request a ...
Many states have laws within the probate code that allow the beneficiaries to dissolve or alter the terms of a trust under certain circumstances. For example, the trust may be modified if the intended...
Trustees are the main person responsible for following the wishes of the creator of the trust (trustor) as articulated in the trust agreement, and are responsible for overseeing the management and dis...
A living trust is an excellent way to manage your money and help protect your family and your wealth, both now and in the future. Unlike a will, which goes into effect only upon your death, a you can ...
A trust is a entity frequently used in estate planning to help a person distribute property or provide for a loved one after they have passed away. Setting up a trust has multiple benefits and is done...
Trust beneficiaries have certain rights under the law, including the right to written reports of the administration of the trust and accountings of the trust from the trustee. Read on for more inform...
Who should have a trust?...
There are many different types of trusts available when you plan your estate. Use the information in this article to get a basic understanding of your options before you form a trust....
A trust is a legally created entity designed for the protection, growth, and distribution of assets. There are three different roles in a trust, with nearly endless combinations of trust parties. A tr...
How long it takes to settle a trust after the creator or grantor dies depends on what needs to be done. It usually takes a few months, but it could take much longer. If the trustee has to value and se...
The simple answer to this question is: very carefully. As trustee/administrator to a living trust, you are considered liable for any substantial damage to the trust. Ideally, the grantor kept a trust ...
Although a revocable trust, or living trust, makes the process sound simple, you may not know exactly what you need to do to dissolve or revoke your living trust. ...
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