Category Archives: Trusts
Trusts and Beneficiary Powers
I often get asked by a Grantor of a trust how secure is the information and assets that are titled in the name of their trust from his or her named beneficiaries. The response most often given is that it depends on the current status of the trust. There are two statuses of a… Read More »
Land Trusts
Land trusts are traditionally used when dealing with real property that is owned by multiple owners who hold such property as tenants in common. The root problem of holding property as tenants in common comes from the fact that a co-tenant can sue the other co-tenant for partition causing the land to be forcibly… Read More »
Is a Trust Right for Me?
For the most part, a trust, whether operable during life or after death is generally used to give its creator the ability to control the flow of a person’s property to beneficiaries following death while attempting to minimize if not avoid estate taxes. In today’s world, it might not make sense to have a… Read More »
Will and Trust Bequests, Bankruptcy and Judgment Creditors
The need to protect your current assets as well as future assets (e.g. inheritance) is becoming more critical than ever. This article discusses those situations where a family patriarch who is financially stable has children who are under financial distress, insolvent or in bankruptcy and lose their parents’ bequests because the parent’s testamentary document… Read More »
