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Karen M. Stockmal is the founder of the Philadelphia based KMS Law Offices, providing legal services in the areas of estate planning, estate administration, business and charitable planning, educational planning and fiduciary counseling. Prior to ...
Practice areas: Trusts, Probate, Tax, Estate Planning, Wills & Living Wills
John Stinson has a diverse practice in orphans' court, business, and education litigation. In his orphans' court practice, John recently helped clients obtain the court-ordered removal of erring trustees overseeing two sizable trusts. He has a...
Practice areas: Trusts, Litigation, Education
Founder and Managing Partner at Mannion Prior, LLP. Six attorney firm with a specialized law practice focusing on will contests, trust and estate disputes, fee and commission disputes, guardianship litigation, non-profit/chartible litigation ...
Practice areas: Trusts, Wills & Living Wills, Litigation, Guardianship
Serving clients with integrity and compassion.
Practice areas: Trusts, Probate, Estate Planning, Divorce & Separation, Business
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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.