Attorney Harriet H. Roland received her law degree from the University of Denver... more
Attorney Harriet H. Roland received her law degree from the University of Denver College of Law. After working for several of Nevada’s well-known law firms, Attorney Roland founded Roland Law Firm in 1997. She worked on a select bar committee formed to amend Nevada and trust laws. In addition, Attorney Roland is an active member of the National Academy of Elder Law Attorneys, and served as chai... 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.