A trust is a legal contract created when you transfer property to a trustee for the benefit of someone else. The trustee manages the property for the beneficiary in accordance with the terms and ...

Revocable trusts are a ubiquitous part of modern US estate planning because they avoid the delay, cost and publicity inherent in probate administration and, in the international context, because of ...

If you have been appointed the trustee of a trust, it is a strong vote of confidence in your judgment and trustworthiness. It is also a major responsibility. A trust is a legal arrangement through ...

Every irrevocable trust creates a legal relationship between the trustee and the beneficiaries of the trust. In this relationship, the trustee carries out the wishes of the trust’s grantor as those ...

States gut fiduciary duties as trustees gain power to eliminate protections through decanting and silent trust structures ...

A trust is used to control how assets transfer after death. When the grantor dies, the trust becomes an active legal entity.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Last year my mom died. She named me as successor trustee of ...

There are a number of reasons why families establish trusts as part of their estate plans, including minimizing taxes, avoiding probate, and transferring wealth in a systematic fashion from one ...

“I don’t want to step on any toes.” ...