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Review: “Did a family illness lead to a legal and financial nightmare--as though you had walked onto the stage of an absurdist play? And then, when you turned to a lot of professionals for help, they gave you the wrong advice or ...
Practice areas: Trusts, Probate, Estate Planning, Litigation
Review: “My husband had just passed away, and my mother and I wanted to put our house and other assets into a trust. The moment we met Mr Oakley we both felt comfortable with him. He respected us, and explained every detail so t...
Practice areas: Trusts, Estate Planning, Probate, Wills & Living Wills, Business
Review: “I was dealing with a very difficult employment situation. Not only was she able to keep me from making several very detrimental mistakes that would have given the company the upper hand in negotiations, she was tough and ...
Practice areas: Trusts, Litigation, Family, Employment & Labor, Real Estate
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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.