Duties of a Trustee

Duties of a Trustee

Whether you need to select a trustee, you have recently become a trustee, or you are a beneficiary of a trust, you can benefit from knowing the duties of the trustee. This article reviews some of the duties of a trustee in order to provide a clear understanding of...
Handling Estate Plans After Remarriage

Handling Estate Plans After Remarriage

While estate planning can have complexities for all families, additional complications may exist for those who remarry. On top of considering your spouse and children in your current marriage, you may have children from prior marriages and stepchildren. Ensuring that...
When It Comes to Trusts, Should You Choose Silence?

When It Comes to Trusts, Should You Choose Silence?

The idea of leaving a significant inheritance to your children or grandchildren may give you pause. Could the promise of wealth make your heirs act financially irresponsible or reckless? Anticipating a cash cushion, will they neglect their education or fail to pursue...
Don’t Let Anyone Contest Your Will

Don’t Let Anyone Contest Your Will

In most cases, by the time family members read the deceased’s will, they already know its contents and don’t object to them. But in some instances, wills can leave relatives feeling deceived, angry, and ready to take legal action. To prevent someone from contesting...
Planned Gifts Hold Tremendous Promise

Planned Gifts Hold Tremendous Promise

Is your organization pursuing planned gifts? It should be. Research suggests that the average planned gift in the United States falls between $35,000 and $70,000 — and the amount may increase with more Baby Boomers moving into retirement. Yet many nonprofits,...