Category Archives: Trust Administration
Trusts: Key Terms to Understand
All adults should be thinking about estate planning. While common myths suggest that estate planning is only for older adults or adults with chronic and serious illnesses, estate planning is crucial for many reasons. Trusts are one type of tool in the estate planning process. Although establishing a trust might not be appropriate for… Read More »
What is a QTIP Trust?
If you are married and have not yet worked with an estate planning lawyer to write a will, to create advance directives, and to consider the value of a trust, you might want to consider a qualified terminable interest property (QTIP) trust. This is one of many types of trusts that a person can… Read More »
Why Working with a Trust Administration Attorney is Beneficial
There are several reasons to create a trust. And once it has been established that the use of a trust is appropriate for one’s estate planning goals, then another thing to consider is who will manage the trust or be named the trustee. Because trust administration can be a complicated job that requires an… Read More »