by Christine | May 5, 2014 | Estate Law, Individual Retirement Accounts (IRA), Inherited IRAs, Trustee, Trusts |
Worried about your adult children blowing through their inheritance? Two strategies can help holders of individual retirement accounts curb an heir’s impulse to “cash out.” You may have many assets to leave behind for your heirs. However, an IRA is unique enough to be...
by Christine | Oct 31, 2013 | Estate Planning, Loans, Mortgage, Real Estate, Trustee, Trusts |
Borrowing from a trust can be an alternative to taking a jumbo mortgage, defined as above $417,000 in most markets and $625,500 in some high-price areas such as New York and San Francisco. In some cases, a trust can buy the home outright. A mortgage tends to...
by Christine | Jan 15, 2013 | Estate Planning, Trustee, Trusts |
I suspect that trustees are most often comfortable with a prevention-focused mindset. Here’s my take: Our ability to recognize and deliberately change our mindset just might be a game-changer. For all the laws and expectations put upon trust officers, it’s important...
by Christine | Jan 9, 2013 | Special Needs Trusts, Trustee, Trustee Fees |
If you are asked to be the Trustee of a Special Needs Trust (or any Trust, for that matter) and you would like to be compensated for your time and effort, make sure the Trust specifically states that you are allowed to be compensated for your work. In December 2012,...
by Christine | Mar 20, 2012 | Estate Law, Estate Planning, Trust Protector, Trustee, Trusts |
It used to be that you would write out your will, name some trustees and hope for the best for all of eternity. But, increasingly, folks aren't leaving it to luck. They're appointing a "trust protector," someone given broad power to reshape your...
by Christine | Mar 20, 2012 | Estate Law, Estate Planning, Trust Protector, Trustee, Trusts |
It used to be that you would write out your will, name some trustees and hope for the best for all of eternity. But, increasingly, folks aren't leaving it to luck. They're appointing a "trust protector," someone given broad power to reshape your...
