What Is Estate Planning?
Estate planning is a process to consider alternatives for, to think through, and to set up legally effective arrangements that would meet your specific wishes if something happens to you or those …
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What is an AB Trust?
Many people are afraid that if their spouse passes away they will face a hefty tax bill. However, spouses can set up an AB trust. An AB trust is a type of irrevocable trust that while …
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Does It Make Sense To Use An Attorney? Is It Expensive?
Only an attorney who regularly practices in the fields of wills, trusts, probate and estate planning is able to provide you with really sound legal advice as you put your estate plan into place. …
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Estate Planning Tools for Wealth Transfer
Proper estate planning does not leave all the transfer of all of your money and assets until the time of your death. Many people, particularly those who have enough assets to be subject to estate tax, must consider wealth transfers while they are living. Wealth transfers should be part of a systemic and organized estate plan that you develop with an estate planning …
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How to Prove and Recover Damages for Trust Mismanagement
When a trust is created, the settlor, or creator of the trust, appoints a trustee who is legally responsible for administering the trust for the benefit of the trust beneficiaries. The trustee has a fiduciary duty to act in good faith and in the best interests of the beneficiaries. The trustee often has a lot of power. For example, it is the trustee who is responsible for investing …
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