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
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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
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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
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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
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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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Estate Planning and Coronavirus
Introduction The novel coronavirus (COVID-19) is having an unprecedented effect on our society, and elderly adults are at a particular risk of falling ill.
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