A trust is an estate planning instrument that allows you to nominate a third party, legally known as a trustee, to hold assets on behalf of the designated beneficiaries. This estate planning tool specifies exactly when and how assets are to be passed on to the...
Month: November 2021
3 ways people handle naming a trustee
Choosing the right trustee can be as important as choosing to create a trust in the first place. Without the right person administering the trust, all of your careful planning could go to waste. Some people are quick to name a specific individual of the person they...