Knowledge Base

Can I Leave My House to Someone in My Will?

Introduction The odds are that your house is the most valuable asset you own, so naturally you want to ensure it ends up in

Can a Trustee Withdraw Money From a Trust?

Introduction Trusts aren’t just employed by the wealthy. On the contrary, individuals from a wide range of backgrounds and income levels set up trusts

What Is the Downside of an Irrevocable Trust?

Introduction Trusts are commonly used to determine how a person’s assets should be managed and distributed before and after death. Revocable trusts are created

How Long Does a Trustee Have to Distribute to Beneficiaries?

Introduction Handling assets in a trust is a major commitment that involves the management of assets until beneficiaries reach legal age. Trustees have a

Do Executors Have to Give an Accounting to Beneficiaries?

Introduction An executor is responsible for managing the affairs of a deceased person’s estate. Also referred to as a personal representative, an executor is

Can a Trustee Remove a Beneficiary from a Trust?

Introduction Complex family dynamics can quickly complicate estate planning. If there is conflict between a trustee and beneficiary, the trustee may attempt to remove

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