Attorney Charles H. Williams graduated from the University of Wisconsin-Madison in 1976 with a BA in History and graduated from the University of Wisconsin Madison Law School in 1980... more
Attorney Charles H. Williams graduated from the University of Wisconsin-Madison in 1976 with a BA in History and graduated from the University of Wisconsin Madison Law School in 1980 with a Juris Doctor Degree. Upon graduation, he worked in the private practice of law in Fennimore, Wisconsin. He worked as a Deputy Corporation Counsel for Rock County, Wisconsin. He worked as a Tax Attorney for A... 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.