Be clear and consistent in communicating with your named beneficiaries, minimizing the risk of surprise or conflict when the trust is administered.
Tag: estate planning
estate planning
Securing Your Legacy: Ensuring Minor Beneficiaries Receive Their Inheritance with a Living Trust
Trust attorneys plays a crucial role in estate planning, guiding you through legal requirements and trust administration.
Understanding the Odds: Your Chances of Successfully Contesting a Trust
Before contesting a trust, it’s important to ensure you have the right legal grounds, along with clear evidence that trust law has been breached in some way. It also helps to understand what the process of contesting a trust actually looks like, and to explore options for an alternative resolution....
Max Alavi APC, OC Trusts Lawyer Boasts Remarkable Track Record in Trust Litigation
When choosing an estate planning and living trust attorney, it’s vital to look at their track record and verify that they can get accurate results, netting favorable outcomes on your behalf.
As Circumstances Change, So Should Your Estate Plan
Summary Life changes all the time. As it does, your estate plan should change with it. Most estate planning lawyers recommend revisiting your will and trust every three to four years. Additionally, revisit it if you experience any of the following circumstances: You get married, get divorced, or lose your...
Wills vs. Trusts: In Plain English
emember that wills, by contrast, are considered to be death documents...(but)living trusts lets you make changes or even dissolve the trust during your lifetime
The Importance of Properly Funding Your Trust
A living trust can be an effective way to transfer assets to your heirs upon your death. However, it’s important to remember that creating trust is merely the first step. It’s equally essential to ensure that the trust is fully funded. I
What are the Trustee’s Duties to Provide Notice to the Beneficiaries After the Creator of the Trust Has Passed Away?
When you serve as a trustee, one of your core responsibilities is to appoint someone to serve as your successor, taking over the administration of the trust after you pass away. Given the weighty responsibilities of managing a trust, this is not a duty to be taken lightly.
What Happens When a Bank Refuses to
Accept Your Power of Attorney?
o succeed in a case against a bank, of course, you’ll need to match their resources and legal expertise.
3 Key Provisions in Your Financial Power of Attorney
There are several important provisions to include in your financial power of attorney, including: The power to gift. The power to amend an estate plan. The power to prosecute and defend legal actions. Learn about these provisions' advantages and potential risks from living trust attorney Max Alavi. 3 Key Provisions...