All Trusts Articles
As a trustee handling other people's money, you need an investment plan that complies with both the trust document and state law.
Bypass trusts are used by wealthy couples to avoid paying the federal estate tax.
An express trust is simply a trust that is created on purpose, and not imposed by a court.
It's the trustee's responsibility to keep beneficiaries informed about what's going on with the trust. Here's how to keep trust beneficiaries in the l...
If someone's asked you to serve as a trustee, you don't have to accept the job. Before you do, here's information that can help you make the right dec...
A "spendthrift trust" is designed to protect a beneficiary who would, without oversight, quickly spend or lose any inheritance.
The trustee can terminate a living trust in just a few months. Here's what is involved of the process.
Being a trustee can involve a lot of work. Depending on the type of trust - living trust vs. long-term trust - there may be ongoing responsibility, so...
Why would anyone make a trust they couldn't revoke? Typically, wealthy people create these trusts to shield their assets from taxes.
Depending on the specifics of your life and family situation, a trust - living or other - may be a good idea. Here is an overview of what a living tru...
Parents or grandparents typically set up trusts for children. These trusts often last for years, and put a heavy responsibility on the trustee.
Testamentary trusts, or trusts created by will, are often used to manage assets left to children or to adults who have a hard time managing money.
Special needs trusts can be crucial in making sure that a beneficiary with a disability can both inherit from family and stay eligible for important g...
Irrevocable life insurance trusts do one thing: own a life insurance policy so that the proceeds won't be subject to estate tax.
If you're administering a living trust, first you need to find out what property was actually held in the trust.
The person who serves as the "executor" of a living trust is called the successor trustee.
Revocable living trusts, created to avoid the expense and delay of probate, are the most common kind of trust.
Living trusts are becoming more and more common, specifically as a way to avoid having your home and other valuable assets held up in probate. Learn a...
Your beneficiaries are spelled out in your living trust.
Most couples will want one shared living trust, but occasionally individual trusts make sense.
Your living trust won't do you any good until you transfer your property into it.
Both a living trust and a will serve to transfer property after we pass away, but they work very differently.