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Monthly Archives: June 2009

Who should be named as a trustee of a Living Trust and what are their duties?

The naming of a co-trustee or successor trustee is a very important decision that should not be made without careful thinking.  Once the grantor either voluntarily appoints a trustee, or a trustee begins to serve as a result of incapacity, this individual will be making important financial decisions as they relate to all assets held [...]

Why your Will may accomplish very little with unintended results and how to easily resolve this problem

Many people have a Last Will and Testament, (“Will”) which serves as a written disposition of your assets. In the case of a widow, her Will may state that all property she owns at her death is to be distributed equally to her three children. It sounds easy enough, but can you answer the questions [...]