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What Is a Trust?

Posted by Nina Whitehurst | Dec 30, 2020 | 0 Comments

A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a "trustee," holds legal title to property for another person, called a "beneficiary."

How Do You Control Inheritances? Trusts

Posted by Nina Whitehurst | Mar 11, 2019 | 0 Comments

Protect your assets from being mishandled. As you prepare an estate plan, consider a look at creating trusts to protect assets through the generations, according to the Times Herald-Record in “Leaving inheritances to trusts puts you in control.”

What Is a Trust and How Is It Used?

Posted by Nina Whitehurst | Feb 27, 2019 | 0 Comments

Trusts have been around for a very long time and it is important to understand how they work. A trust can be quite complicated. That is why you need good legal representation in order to use one properly, according to the Pittsburgh Post-Gazette “Do I need a trust?” Trusts are created by the ...

A Trust Can Reduce Risks to Your Estate

Posted by Nina Whitehurst | Dec 24, 2018 | 0 Comments

So, which trusts will work for you? There are many ways to use various trusts within an estate plan and it most likely will be beneficial to learn which ones will help achieve your goals, according to The Daily Sentinel in “Are you prepared for threats to your estate?”

Trusts Have to Be Funded … It Is that Simple

Posted by Nina Whitehurst | Jun 25, 2018 | 0 Comments

You may create a trust online or in other ways, but is your trust funded? Trusts must be funded, but that does not mean just putting money in them. It means transferring the title of property to the trust, according to the Times Herald-Record in "How to transfer assets to a trust."

Which Trust? Depends on Your Needs

Posted by Nina Whitehurst | May 24, 2018 | 0 Comments

Individual circumstances determine the best type of trust to fit your unique circumstances. Much of the confusion over trusts, is a result of some impressive sounding names that do not actually describe what the trust accomplishes. Therefore, deciding on which type of trust is the best...

Disputes Can Sometimes Be Avoided with a Trust

Posted by Nina Whitehurst | Apr 30, 2018 | 0 Comments

Some estate battles are predictable and quite costly to both finances and family. If the main instrument used to distribute an estate is a will that has to go through probate, the legal issues can often lead to huge battles that could be avoided by using a trust, according to the Times Herald-Record...

Protecting Your Family After You're Gone

Posted by Nina Whitehurst | Apr 19, 2018 | 0 Comments

Many of the problems that arise in managing an estate can be avoided by careful planning. Some of the friction within the family and difficulties in dealing with an estate can go more smoothly, if you know a few things about estate planning and your goals, according to The Register-Guard in ...

Bills and Expenses Continue for Your Family

Posted by Nina Whitehurst | Apr 18, 2018 | 0 Comments

A trust can solve a lot of problems, if you are the primary provider and pass away. A good way to make sure your family gets the money they need to meet bills and expenses after you are gone is to avoid probate, according to The New York Times in "Life After Your Death? Why You Should Have a...

Harper Lee Remains Private, Even after Death

Posted by Nina Whitehurst | Mar 26, 2018 | 0 Comments

To Kill a Mockingbird put author in the limelight, but she quickly stepped out of it and has remained out. When Harper Lee, the author of To Kill a Mockingbird, died in 2016 there was considerable publicity as writers attempted to uncover all the details of her life. They met with little success...

Trust and Will Is Not Either/Or

Posted by Nina Whitehurst | Mar 22, 2018 | 0 Comments

Wills and trust often go hand-in-hand, when it comes to estate planning. Should you decide to use an online service instead of going to an estate planning attorney, you may find yourself with a trust but then learn you also need a will, according to the Lake County News in "The difference...

How Does One Revoke a Trust?

Posted by Nina Whitehurst | Mar 14, 2018 | 0 Comments

Create a second trust and the first is revoked? It doesn't work that way. A common question was presented to a column about trusts, according to the NWI Times in "Can an individual establish more than one trust?" The question was if a second trust wipes out the first trust.

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