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Trusts come in all types, but even simple trusts can be complicated for people who have not worked closely with them before. If you have been named trustee or are otherwise expected to help administer a trust, the good news is that the law does not require you to hire […]
Category: Probate and Estate/Trust Administration
When you are the beneficiary of a trust, the assets in that trust have been placed there for your use. You deserve to have those assets properly managed and to receive distributions in accordance with the trust terms. If the trustee is not living up to obligations in some way, […]
What Happens to My Living Trust When I Am No Longer Living?
September 22, 2023 April Nordhaus Estate Planning Probate and Estate/Trust Administration Wills & Trusts
Many people in Texas work with an estate planning attorney to set up a revocable living trust to avoid probate. Others set up living trusts to provide care for loved ones with special needs or for other purposes. These trusts differ from testamentary trusts which only take effect after the […]
Why You Need a Successor Trustee
September 15, 2023 April Nordhaus Estate Planning Probate and Estate/Trust Administration Wills & Trusts
If you’re planning to set up a revocable living trust to avoid probate or another type of trust to meet estate planning goals, you’re making a wise move. But one step to consider carefully is your choice of successor trustee. In this post, we’ll examine what a successor trustee does, […]
If you will be handling the estate of a loved one or you are assisting someone with the job, you may have a general idea of what you need to do, but it can be hard to understand the specifics. It is essential to comply with local legal requirements which […]