I have been practicing law since 2002. I have a background in litigation, but the death of friend at a young age me accutely aware of the need for propert estate planning. His death,... more
I have been practicing law since 2002. I have a background in litigation, but the death of friend at a young age me accutely aware of the need for propert estate planning. His death, at the age of 35, reinforced to me the dangers that planning at the last minute or not at all, presents. I made it my mission to work with clients in a way that ensures that their plan works during their lifetime... 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.