Theron M Hall, Jr. was born and raised in Apache County, Arizona. During his youth, he worked for his parents' title company, where he gained a lasting appreciation for those who work... more
Theron M Hall, Jr. was born and raised in Apache County, Arizona. During his youth, he worked for his parents' title company, where he gained a lasting appreciation for those who work hard to acquire their estates, and for the need of proper management of estates for their preservation. Mr. Hall received a Bachelor of Arts degree in English, cum laude with honors, and a Masters of Science deg... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.