by admin | Sep 21, 2023 | Trusts
What is a Trust? Trusts are mentioned everywhere: movies, shows, articles, books. But what are they? A Trust is an agreement between a person with the intent to make and (usually) fund the Trust (Grantor), the person in charge of fulfilling the instructions...
by admin | Jul 26, 2023 | Estate Planning, Trusts
In creating an estate plan, you are proactively taking steps to ensure that your assets will be distributed according to your wishes in the wake of your death. One tool available to you in estate planning is known as a trust. There are numerous kinds of...
by Thorin Blitz, Esq. | Mar 27, 2023 | Estate Planning, Trusts
Imagine this situation: You don’t have a Will, and you know you should. So, you schedule an appointment with an estate planning attorney and ask them to draft your Will. After explaining your goals, the attorney suggests creating a trust in addition to your...
by admin | Jul 2, 2022 | Trusts
Serving as a trustee of a trust can be a huge responsibility, so trustees are entitled to compensation for their work. The amount of compensation depends on the type of trustee and the complexity of the trust. Depending on the trust, a trustee’s duties can...
by admin | Feb 8, 2022 | Trusts
One of the many factors to consider when setting up a trust is whether to make it a grantor trust or a non-grantor trust. While a grantor trust is more common, a non-grantor trust can be useful in certain circumstances. A grantor trust is any trust in which the...
by admin | Jan 29, 2022 | Trusts
One of the most important roles in a special needs plan is that of trustee, the person who administers a special needs trust (SNT). Of a trustee’s many responsibilities, record-keeping is perhaps the most crucial. Because the trustee is managing accounts on behalf of...
