Times are changing. Taxes are rising. Congress passes new laws affecting your family... more
Times are changing. Taxes are rising. Congress passes new laws affecting your family every day. In today's unstable tax, legal, and financial environment, planning for the future is more complicated. To sort out this mess, you need a trusted advisor with specific and deep knowledge in a distinct subset of practice. In order to best serve my clients, I restrict my boutique practice to three ... 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.