Jean M. Kohler is a partner in the Trusts & Estates Group and is certified by the State Board of Legal Specialization as a specialist in estate planning, trust and probate law. Jean... more
Jean M. Kohler is a partner in the Trusts & Estates Group and is certified by the State Board of Legal Specialization as a specialist in estate planning, trust and probate law. Jean began her practice in the Trusts & Estates Department at Foley & Lardner in Milwaukee, Wisconsin. Ms. Kohler relocated to the Bay Area in March 2003 where she continues her estate planning practice, focusing on the... 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.