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Do you need a will, or do you need a trust? Confused about the difference? The major difference is probate – which is the court process that applies to a person’s estate whether they leave a will or not. When it comes to estate planning, understanding the difference between probate and trust administration can significantly […]
Who Are The 5 Actors (Roles) In A Living Trust? And Why They’re Important to Understand Before Sitting Down With Your Estate Planning Attorney
Understand the 5 key roles in a living trust—grantor, trustee, successor, beneficiaries & advisors. Rhode Island guide by Jill M. Santiago.
What To Do If You Suspect A Trustee Is Being Dishonest?
A living trust is a common estate planning tool. When creating your trust, one of the most important choices you’ll make is who will serve as your trustee. In most cases, at the time you create your living trust, you will be your own trustee for as long as you are living and competent. But […]
So You’ve Been Named The Trustee Of A Trust, Now What?
So, you have been named as a trustee of a trust, and this comes with “powers.” What exactly does that entail? In this blog post, I will review the basics of the role of a trustee. What are Trustee Powers? The powers of a trustee of a trust can vary depending on the specific terms […]
