The Trustee with the Right Stuff

The Trustee with the Right Stuff

When you create your family trust, pick a successor trustee with the right stuff. This person will administer the trust after you pass away or become unable to handle the responsibilities yourself. Extreme care should be taken when nominating a trustee and alternate trustees. The fiduciary responsibilities owed by a trustee to the beneficiaries are a serious matter. You need a trustee with the right stuff. A trustee can be held liable for negligence in…

What a Does Good Estate Plan Look Like? | Part 8 of a 10 Part Series | A Living Trust Can be Used to Achieve the Outcome You Desire

What a Does Good Estate Plan Look Like? | Part 8 of a 10 Part Series | A Living Trust Can be Used to Achieve the Outcome You Desire

Estates are as unique as the individuals and families that own them. This is why one-size-fits-all estate plans downloaded from the internet should be avoided. A good estate plan is customized for the proper transfer of your assets to your heirs and beneficiaries. Estate plans should be specifically tailored for your family needs. A Living Trust can be used to achieve the outcome you desire for your family. Here are 10 common estate planning considerations:…