by LM2 | Nov 14, 2023 | Estate Planning, Trustee, Trusts |
Designing a trust is a significant move in estate planning, one that provides flexibility and potential tax advantages. Central to the operation of any trust is the Trustee, responsible for managing and distributing the trust’s assets as per its terms. Given...
by Christine Brown | Apr 10, 2023 | Estate Planning, Trustee, Trusts
When creating a trust, one important decision to make is who will act as the trustee. Choosing to name a non-family third party as the trustee of your trust can provide several benefits. Here, we will explore why this option may be considered when deciding who will...
by Christine Brown | Aug 18, 2021 | Estate Planning, Trustee, Trusts
As an LA County trust attorney, I help many seniors set up Revocable Living Trusts to avoid probate proceedings and to give clear instructions on how they want their assets and property handled after death. The Grantor creates a trust once it is signed and funded with...
by Christine Brown | Nov 27, 2020 | Estate Planning, Trustee, Trusts
Stepping into the role of Successor Trustee after the incapacitation or death of a loved one is a big job that can feel scary and overwhelming for someone who has never served in such capacity. Torrance Trust lawyers understand that it can be equally unnerving to...
by Christine Brown | Apr 15, 2020 | Estate Planning, Trust Administration, Trustee
Whether you’ve been asked to be the trustee of a loved one’s trust or you’re in the process of choosing someone to act as your own trustee, it helps to understand what is expected of a trustee. Long Beach trust attorneys will tell you that being a...
by Christine | Feb 2, 2016 | Estate Planning, Trustee, Trusts |
Incorporating trusts in your estate planning provides more options for you and your heirs. But the same characteristics that you seek in a friendship are not the same things you look for when picking a trustee. Trusts offer many advantages in estate planning. Privacy,...