How can I protect my assets and ensure they are distributed according to my wishes?
The flickering candlelight danced across Emily’s worried face as she stared at the stack of papers on her desk. Her …
Who handles trust administration in California?
Rain lashed against the windows as I frantically searched for my grandmother’s will. She had passed away suddenly, leaving behind …
How Do Trusts Protect Assets from Creditors?
The phone buzzed incessantly, jarring me awake in the dead of night. It was my elderly aunt Margaret, her voice …
Who should I notify if my estate plan is challenged near by?
The phone rang, shattering the peaceful morning. It was Emily’s attorney, his voice grave. “There’s been a challenge to your …
What is a discretionary testamentary trust?
A discretionary testamentary trust is a powerful estate planning tool created within a will, allowing a trustee to distribute assets …
Can I use estate planning to support multi-generational caregiving?
The increasing prevalence of multi-generational households, where grandparents, parents, and children live under one roof, presents unique financial and logistical …
Is trustee compensation tax-deductible?
Serving as a trustee is a significant responsibility, demanding time, skill, and dedication. While often a labor of love, especially …
What are the trustee’s duties and responsibilities?
Serving as a trustee is a significant undertaking, demanding a thorough understanding of legal obligations and a commitment to acting …
Can an irrevocable trust hold a safe deposit box?
The question of whether an irrevocable trust can hold a safe deposit box is a common one, and the answer …
Can a CRT operate with separate investment and administrative trustees?
Complex trusts, like Charitable Remainder Trusts (CRTs), offer sophisticated estate planning solutions, but their structure requires careful consideration. A common …