Trusts Legal Guides (87 found)

Written by Patricia Kefalas Dudek
A Trustee is a fiduciary and is subject to the commonly recognized fiduciary duties of diligence, loyalty, obedience and prudence. The Trustee is in a position of intimacy with the beneficiary. As a result, a Trustee is held to a higher standard than required in an ordinary business transaction.
Posted 3 months ago in Trusts.

Written by Daniel B. Purtell
An important topic for families with children or adults with special needs or who are receiving government benefits.
Posted about 1 month ago in Trusts.

Written by Phillip Clarence Lemmons
If you are a named beneficiary of a trust created by someone who recently passed away, you are entitled to a complete copy of that trust.
0 of 1 users found this helpful. Posted about 1 month ago in Trusts. Jurisdiction: California

Written by Randy Marvin Spiro
When people refinance their real estate , sometimes the lender removes the property from the revocable trust. Sometimes people do not realize this and incorrectly assume that the lender will put the property back into the trust.
Posted 19 days ago in Trusts.

Written by Randy Marvin Spiro
Trusts do not all have the same provisions when one spouse dies. Sometimes the trust remains revocable by the surviving spouse, but other times parts of the trust become irrevocable and restrictions are placed on what the surviving spouse can do.
Posted 19 days ago in Trusts.

Written by Robert Michael Way
Even administering a very simple trust estate can be complicated. Obtaining assistance from an experienced estates and trust attorney familiar with trust adminstration is the best action to take.
Posted 16 days ago in Trusts. Jurisdiction: Arizona

Written by Cheryl K. David
Often a trust which doesn't have title to legal assets transferred (funded) to the trust name won't avoid probate.
Posted 15 days ago in Trusts.

Written by Alice A. Salvo
A Special Needs Trust (SNT) document is prepared to benefit an individual having a disability.
0 of 1 users found this helpful. Posted 8 days ago in Trusts. Jurisdiction: California

Written by Jon Mitchell Jackson
A number of jurisdictions in the United States have passed laws designed to allow self-settled asset-protection trusts...
1 of 2 users found this helpful. Posted about 1 year ago in Estate Planning. Jurisdiction: California

Written by Jon Mitchell Jackson
One of the primary purposes of a Dynasty Trust is to hold property for indefinite generations free of the claims of most commercial creditors and free of federal estate tax and generation-skipping transfer tax (GST tax).
Posted about 1 year ago in Estate Planning. Jurisdiction: California

Written by Samuel Joseph Mamola
Most people don't realize that outright gifts through inheritance, whether from a living trust or another source, provides zero asset protection for the beneficiary. Thus, the gift of your life's work can be confiscated by your child's creditors or ex-spouse. This scenario can be avoided.
2 of 2 users found this helpful. Posted about 1 year ago in Estate Planning.

Written by Igor Drabkin
In order to protect payment of withheld income and employment taxes, including social security taxes, railroad retirement taxes, or collected excise taxes, Congress passed a law that provides for the Trust Fund Recovery Penalty (“TFRP”).
Posted about 1 year ago in Employment / Labor. Jurisdiction: Federal

Written by Gabriel Cheong
This is a basic summary of what constitutes a basic estate plan that everyone should have in Massachusetts. It includes a will, durable power of attorney, health care proxy and health care directive. More advanced planning such as trusts will be briefly talked about.
3 of 6 users found this helpful. Posted about 1 year ago in Estate Planning. Jurisdiction: Massachusetts

Written by Jennifer Elizabeth Peck
For some people, using a Trust to avoid probate, control assets for beneficiaries and reduce taxes can be beneficial. However, some people never take the step of funding the Trust and can often lose the benefit of having those assets held in trust and may end up going through probate.
3 of 3 users found this helpful. Posted about 1 year ago in Estate Planning. Jurisdiction: Ohio

Written by Mitchell Allan Port
The California Probate Referees' Association published its latest edition of the Probate Referees' Procedures Guide. The Guide is designed to assist those with California probate experience as well as those without experience.
2 of 6 users found this helpful. Posted about 1 year ago in Probate. Jurisdiction: California

Written by Joseph Franklin Pippen Jr.
A funded Living Trust has many advantages over using a Will in estate planning
Posted 11 months ago in Estate Planning. Jurisdiction: Florida

Written by Maurice J Lariviere Jr
Today more than ever it is important to have prepared your will and appropriate trusts documents. In the modern era the law governs your carrying out your obligations to family.
Posted 10 months ago in Estate Planning. Jurisdiction: Massachusetts

Written by Jeffrey F. Bahls
A trust is a separate and distinct entity. It has a legal status to the same extent as a corporation or a partnership. It can own assets, incur liabilities, engage in business and commercial transactions, make gifts of property, and is usually subject to taxation. So trust is a person.
Posted 10 months ago in Estate Planning. Jurisdiction: Federal

Written by Daniel R Merkle
This presentation provides an in-depth analysis on a wide range of affordable homeownership options.
Posted 9 months ago in Real Estate.

Written by Shaun K. Boss
Many times people are uncomfortable and avoid making plans for their estate. It's important to think ahead for your future. Estate planning will ensure that your family and financial goals will be met. Our firm will answer your concerns and assist in planning for the future of your family.
Posted 5 months ago in Estate Planning. Jurisdiction: California