If you are considering legal options to protect an individual in your life who cannot take care of themselves on their own or manage their finances, understanding the difference between a trust and conservatorship is crucial. An estate planning attorney can help you...
trusts
Handling Rare Coins and Special Assets in Trust or Estate Administration
Trust or estate administration may involve many different special assets beyond just the distribution of real estate and financial accounts. These special assets, including rare coins, should be handled carefully throughout the trust or estate administration process....
Steps to Setting Up a Family Trust
Family trusts can be a handy estate planning tool. A family trust is one specific type of trust that families may use to preserve their financial legacy for many years down the road. This type of trust may be beneficial for you, even if you do not have a large estate....
How to Create a Living Trust
A living trust can be a useful tool for estate planning. This type of trust is one that you create while you are alive. You can choose one or more beneficiaries to the trust, and they will receive the trust property when you die. Before you can decide if a living...
What You Need to Know About Living Trusts
When it comes to estate planning in the state of California, creating a living trust may be in your best interest. In most cases, a living trust allows your estate to avoid having to pass through probate. Using this form of estate planning can also benefit you and...
What Is a Special Needs Trust?
There are different types of trusts that you can create that serve different purposes. One type of trust that is useful under certain circumstances is a special needs trust. A special needs trust is a trust that allows a disabled person to benefit from it, while still...
What You Need to Know About Revocable Trusts
Estate planning can be a complicated process, but it is well worth it to have the peace of mind of knowing that your assets will be distributed according to your wishes after you pass. There are many different forms of estate plans you can use, and your individual...
What is the Difference Between a Revocable Trust and an Irrevocable Trust?
When it comes to estate planning, some people are hesitant to get started because they are not sure where to begin. One concern many people have is whether or not they should create a trust; and if so, what type of trust they should create. There two main types of...
Five Reasons You Should Set Up a Trust
A trust is one of the many forms of estate planning available. Many estate plans can benefit from including a trust. There are two main types of trusts to choose from. These options include a revocable trust, which can be modified, and an irrevocable trust, which...
What is a Trust Administrator?
A trust administrator is a person or organization who has been designated to take care of the trust assets on behalf of the beneficiaries. The trust administrator may be someone specific who has been given this duty, or it may be an organization such as a bank, or a...
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