How to Choose the Initial Trustee of Your Trust

How to Choose the Initial Trustee of Your Trust

When you establish a trust, you nominate someone to be the trustee. If you are creating a revocable living trust, you will likely be the initial trustee. You will also want to name successors or backup trustees to step in and manage the trust’s affairs if you can no...
How a Beneficiary Designation Works?

How a Beneficiary Designation Works?

Beneficiary designations take precedence for distribution over other documents in an estate plan.  The individual or entity you name as an account beneficiary will automatically receive the money or account, usually without it passing through the court-supervised...