Spendthrift Provision in a Trust May Save Assets from Creditors
A spendthrift provision or spendthrift trust allows a trustee total control over the trust assets, while applying them for the benefit of a beneficiary.
A spendthrift provision or spendthrift trust allows a trustee total control over the trust assets, while applying them for the benefit of a beneficiary.
Understanding When an Attorney Trustee Faces Ethical Dilemmas. The Following is an overview of some of the ethical dilemmas that may arise.
If you now suspect that his health is suffering, it may be time to step in as the successor trustee, taking over as trustee for your loved one.
In order to ensure that you carry out the trust administration properly, it is important that you understand the obligations of successor trustee.
To Assist with Trustee’s Duty to Invest, here are helpful tips about requirements for this duty. Read more here and sign up for our free monthly seminar!
The Independent Administration of Estate Act (IAEA) is a series of laws created to avoid this problem and minimize court involvement.