Due to recent changes in federal and state law over the past few years, many families are wondering if there is still a need for complicated tax-avoidance trusts. Traditionally, an AB trust was created by married couples for the purpose of minimizing estate taxes, but increased exemptions, large … [Read more...] about Common FAQs Surrounding AB Trusts
Trust Administration
Trust Administration Mistakes to Avoid
Although a Last Will and Testament surprisingly remains the most common method of distributing estate assets after death, the wisest choice for most people is a Trust. The Trust, if properly created and maintained, protects against conservatorship, guardianship and death probate, saves time … [Read more...] about Trust Administration Mistakes to Avoid
The Role of a Trustee
Although once used almost exclusively by wealthy families as a way to pass down the family wealth without incurring taxes, trusts are now frequently included in the average person’s estate plan. Trusts come in a variety of types which is one reason for their popularity. One thing that all … [Read more...] about The Role of a Trustee
Living Trust Attorneys Answer Beneficiary Questions
The use of a trust has become more common in the estate plans of the average person as either a secondary estate planning tool or as the primary estate distribution method. Consequently, there is an increasing likelihood that you will be one of the named beneficiaries of a trust agreement at … [Read more...] about Living Trust Attorneys Answer Beneficiary Questions
Trust Administration Tips
Although a Last Will and Testament remains the most common estate planning tool, trusts have steadily increased in popularity over the last several decades. It is now very common to find a trust in the average estate plan. There are numerous types of trusts that help achieve a wide variety of … [Read more...] about Trust Administration Tips
Pitfalls to Avoid during Trust Administration
Were you recently informed that a family member or close friend named you as the Trustee of a trust? If so, and this is the first time you have served in the role of Trustee, you may be understandably concerned about fulfilling your duties and responsibilities as Trustee without making a costly … [Read more...] about Pitfalls to Avoid during Trust Administration
Trust Attorneys Explain Top Uses for a Trust
If you are in the process of creating an estate plan, or you intend to create your plan in the near future, it is important to be familiar with the various estate planning tools and strategies available to help further your plan goals. A revocable living trust is one of the most commonly used … [Read more...] about Trust Attorneys Explain Top Uses for a Trust
Phoenix Trust Attorneys Explain Trust Administration
A well thought out estate plan will typically include more than just a Last Will and Testament. Although every estate plan is as unique as the individual who created the plan, a common addition found in many plans is a trust agreement. Trusts are frequently used in estate planning because of … [Read more...] about Phoenix Trust Attorneys Explain Trust Administration
The Importance of Selecting the Right Trustee
Proper estate planning typically includes a number of different estate planning tools and strategies. One of the most commonly used estate planning tools is a trust agreement, often referred to as a revocable living trust. A trust is a private document that allows you to direct how your assets … [Read more...] about The Importance of Selecting the Right Trustee
Living Trust Attorneys Explain Trust Basics
Although your Last Will and Testament may serve as the foundation for your estate plan, you will likely incorporate numerous other estate planning documents and tools into your plan as well in order to achieve all of your estate planning goals and objectives. One of the most popular estate planning … [Read more...] about Living Trust Attorneys Explain Trust Basics
