George W. Yarnevich was born in Kansas City in 1946 and graduated from Wyandotte High School in 1964. He received a BA Degree in Political Science in 1968 from the University of Kansas.... more
George W. Yarnevich was born in Kansas City in 1946 and graduated from Wyandotte High School in 1964. He received a BA Degree in Political Science in 1968 from the University of Kansas. He then received a Juris Doctor degree and a Masters of Business Administration degree (member of Beta Gamma Sigma for academic excellence) in 1972 from the University of Kansas. He joined the firm upon graduati... 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.