Peter C. Sisson is the managing attorney in the Boise law firm Sisson Sisson. He has been a practicing lawyer since 1988,in Boise, Idaho since 1992. His law firm emphasizes a holistic... more
Peter C. Sisson is the managing attorney in the Boise law firm Sisson Sisson. He has been a practicing lawyer since 1988,in Boise, Idaho since 1992. His law firm emphasizes a holistic and comprehensive legal practice approach to the issues seniors face as they age called Life Care Planning. Life Care Planning anticipates and provides legal and care advocacy services to the firms clients as 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.