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Steven Patrick Riley

Steven Riley’s Legal Guides

4 total

  • Business Succession Planning -- Do You Know Who You Want to Run Your Business After You’re Gone?

    “I Thought Junior Would Take Over” Many mistakenly fall into a common trap of assuming one of their children will step in and carry on the family business. But let’s face it; sometimes our kids think

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  • Common Trust Terminology

    Trustmaker This is the client. Sometimes, this role is also called a Grantor, a Settlor or a Trustor. Our advice is to keep it simple. Call them the Trustmaker. Revocable Living Trust (RLT) This is a

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  • Know the difference between Long Term Care & Disability Insurance

    Know your vegetables One way to explain the differences between disability insurance and long-term care policies is by asking clients to think of themselves as farmers and the different insurance pol

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  • How to choose a Trustee for your Revocable Living Trust

    Understand the fiduciary duties of the Trustee. First, understand the fiduciary duties of the Trustee. The Trustee manages the assets in the Trust in the best interests of the beneficiaries and makes

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