The Difference Between Shall and May in Estate Planning.

The Difference Between Shall and May in Estate Planning.

Unless otherwise specifically provided in this trust or by the context in which used, I use the word shall in this trust to impose a duty, command, direct, or require, and the word may to allow or permit, but not require.  In the context of my Trustee, when I use the...
What If I Cannot Find a Beneficiary?

What If I Cannot Find a Beneficiary?

When someone has named you as the executor (also known as a personal representative) of their will or the trustee of their trust passes away, you are obligated to distribute that person’s money and property according to the document’s terms to the designated...