Statistics show that roughly two thirds of Americans do not have an estate plan in place. Even if you’re in the minority of people who do have an estate plan, it’s possible that your estate plan lacks critical components. It’s crucial to review your estate plan regularly, updating and revising...
Category: Estate Planning
What are the Trustee’s Duties to Provide Notice to the Beneficiaries After the Creator of the Trust Has Passed Away?
Deciding who to designate as the successor trustee to your trust is a decision that should not be taken lightly. You will want to make sure that you appoint someone who will be organized and trustworthy. It is also preferable for the successor trustee to live nearby. After you pass...