Trust Administration
What to consider when choosing a trust administrator
Trusts are an effective way of administering your estate, and trust administrators play a crucial role in making sure your wishes get carried out efficiently and legally. These are some of the important considerations you should make when choosing a trust...
For California trust beneficiaries: A compassionate guide
Receiving an inheritance through a trust can evoke a mix of emotions—anticipation, grief and perhaps even confusion. If you have recently lost a loved one and expect to benefit from a trust fund they left behind, this short guide can help during the early aftermath....
4 different types of trusts
A will is a legal document that allows people to name beneficiaries. These beneficiaries have a legal right to assets in an estate. However, if the will is missing or contested, beneficiaries may end up waiting a long time before settling an estate, which can also...
Why it might be best to have nonrelatives as trustees
When setting up your estate plan, if it includes a trust, the trustee must manage the capital and handle the fund’s disbursements to your heirs. Naturally, you want to put someone in place whom you trust implicitly. It only makes sense that your first pick might be...
Is a Totten trust part of your estate plan?
There are many parts of estate plans, especially for people who have considerable assets. Some people may have a part of their estate plan already set without even knowing it. When you open a financial account, you might fill out a form that tells the institution who...
Instances in which you might be able to remove a trustee
Many individuals who fund trusts have significant wealth to be distributed to specific loved ones at different intervals in their lives. It's not necessary to have significant wealth to warrant the funding of a trust, though. Individuals of more modest means may also...