When someone who has named you as the executor of their will or the trustee of their trust passes away, you are obligated to distribute that person’s money and property according to the document’s terms to the designated beneficiaries. (For convenience, the roles of executor and trustee will be referred to throughout this article as […]
This blog has touched on some of our favorite estate planning and probate movies, including the 2019 who-dun-it, Knives Out. Revisiting this film in particular, and now we are looking at one of the most dramatic moments of the movie – the reading of the Will. In Knives Out, as well as many other movies, […]
Every trust has at least three important roles. One, the grantor (sometimes known as the trustmaker), the person who creates the trust. Two, the trustee, the person who manages the property placed in the trust. And three, the beneficiary, the person who reaps the benefit of the trust property. Every trust has at least one […]
Estate planning is about protecting you and your loved ones. Sometimes this can be a difficult endeavor when there is a loved one who may require additional support at your death. While you may want to give as much as possible to this individual, you may not want to do so at the expense of […]
