Attorney Christensen is admitted to practice law in the Commonwealth of Massachusetts and is admitted to the U.S. District Court for the District of Massachusetts and the U.S. Supreme... more
Attorney Christensen is admitted to practice law in the Commonwealth of Massachusetts and is admitted to the U.S. District Court for the District of Massachusetts and the U.S. Supreme Court. Attorney Christensen is also a Visiting Lecturer in the Management Department of the Bertolon School of Business at Salem State College where he teaches Business Law I II and Employment Law for Busines... 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.