A blind trust is a special type of trust that helps individuals with significant assets keep their assets separate from their decisions. When someone sets up a blind trust, they give their assets to ...
For purposes of this posting consider “residue” to mean the portion of a testator’s probate estate that passes pursuant to the residuary clause of his will and “remainder-in-corpus” (RiC) to mean the ...
Most people should consider having one or more trusts in their estate plans. To make decisions about trusts you must be aware of trust terminology and basic concepts about the most common types of ...
A trust beneficiary's interest is an equitable property interest. It can be a present interest or a future interest, and, whether vested or contingent, the interest is property. Even a contingent ...
A trust is used to control how assets transfer after death. When the grantor dies, the trust becomes an active legal entity. The trustee follows the trust terms, manages assets, distributes property ...
Decanting is a way to modify an otherwise irrevocable trust Decanting can change the trust beneficiaries’ interests An irrevocable trust is a frequently used estate planning tool that offers many ...
Quick, what’s the difference between a will and a trust? Might you be a testator? And what do you know about a conservatorship, besides the fact that Britney Spears has been embroiled in drama ...