When a couple engages in estate planning, one of the first questions tackled by their estate planning attorney is whether it makes sense for the couple to use a revocable living trust (RLT) as a part of their plan. If so, an important follow-up question for married couples should be whether it makes sense for […]
A loved one’s passing is felt by their entire surviving family. But when it comes to carrying out the decedent’s final wishes, not everyone has an equal say. In fact, in many cases, only one person—the executor (for a will) or trustee (for a trust)—plays a role in carrying out the final wishes. This role includes […]
Clients often naturally choose their children to be beneficiaries of their revocable living trusts. Many clients also wish to name one or more of their children as the trustee of that trust, but are not sure if that is allowed by the law. The short answer is yes, you can have a trustee who is […]
In the world of estate planning, terms that refer to legal documents such as wills, trusts, powers of attorney, and healthcare directives can be confusing and even overwhelming at times. What is a will, and how does it differ from a trust? What distinguishes a springing power of attorney from an immediate power of attorney? […]
