Joint trusts are beneficial for many married couples, especially if they have a stable relationship, do not have many creditors, and do not live in a state where their estate […]
Myth #1. Only professional trustees (such as banks and other financial institutions) can receive compensation for their work. A trustee is entitled to reasonable compensation under most states’ laws. A […]
Some trusts are irrevocable as soon as they are created, which means that, in general, the trustmaker (the person who created and funded the trust) cannot terminate or modify it […]
Whether you are reviewing your existing trust or creating a new trust, you should understand the important role that a trustee plays not only in handling trust matters but also […]
