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Rekha V. Rao is a solo practitioner at the law firm of Rao Legal Group, LLC. She concentrates her practice in estate planning, elder law, guardianships, special needs planning and administration of trusts and estates. Rekha advises clients on both...
Practice areas: Trusts, Estate Planning, Elder Law, Wills & Living Wills
Review: “During multiple stages of developing a rather complex set of interrelated estate-planning documents, Lisa Schubel was unerringly diligent in her research of the issues, and extremely efficient throughout the review proce...
Practice areas: Trusts, Elder Law, Estate Planning, Probate, Wills & Living Wills
Review: “Russell is an old time family attorney with a keen understanding of today's complicated estate planning issues. I found his demeanor to be friendly and educational and his expertise to be unmatched. He made a diffic...
Practice areas: Trusts, Estate Planning, Probate, Litigation, Tax
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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.