Hockessin Trusts Attorneys — 2 found

Lawyers with

Avvo Rating

1.0 to 10.0


  1. Hockessin Trusts Attorney W. Wade W Scott

    W. Scott

    ttorney Wade Scott believes that estate planning is a collaborative, relationship-based process, not simply the filling out and filing of documents. After all, you are choosing an... more
    Licensed for 30 years
    AVVO
    RATING

    8.3

  2. Hockessin Trusts Attorney Tanya Sue Sellers

    Tanya Sellers

    Ms. Sellers focuses her practice in the areas of estate planning and probate. Her practice areas further include business law, commercial and residential real estate, and guardianships.... more
    Licensed for 3 years
    Not yet reviewed
    AVVO
    RATING

    6.3

Trusts

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.