How to Fund a Trust

How to Fund a Trust

How to fund a trust (or better yet: how NOT to fund a trust) is an important topic.   I recently received the following from one of my students regarding the disbursement of assets from her father’s accounts after his death, now eight years ago and counting: I

What are Trustee Duties?

What are Trustee Duties?

What are trustee duties and responsibilities? A trustee is the person who safeguards and manages the trust property for the benefit of the beneficiaries.  These duties can involve signing a stock vote, filing a tax return, or investing money, among other things. It is important to fulfill

How to Put Property in a Trust, or Funding a Trust

How to Put Property in a Trust, or Funding a Trust

“How do I put property into a trust?” is a question I often get after someone forms a living revocable trust.  This is an important question.  Putting property into a trust is also known as funding the trust.  Funding a trust is the engine that runs a

Wills and Estate Plans Have Unexpected Benefits

Wills and Estate Plans Have Unexpected Benefits

Wills and estate plans play an important part in asset protection. Wondering whether you should get your estate planning done this year? Yes! It is always good to find inspiration, so look to people you know who already have their wills and estate plans in place. Whether