What are the duties of a successor trustee or personal representative and when do they kick in? I had an interesting conversation with a woman the other day. She had just finished her trust and had named her daughter as her personal representative. Her daughter came to
Creating a will is one very important step to ensure things go smoothly when you die. Please be very careful who you name as your personal representative in a will. Choosing the right someone to administer your wishes can be as important as the document itself. When
How to choose an executor or trustee requires some thought and analysis. An executor is the person or company that handles your estate after you die. Whether your estate is held in a trust or is passed by your will, you need an executor or trustee to
How to fund a trust (or better yet: how NOT to fund a trust) is an important topic. I recently received the following from one of my students regarding the disbursement of assets from her father’s accounts after his death, now eight years ago and counting: I
