Clients who want their beneficiaries to avoid probate often place assets in trust. Many CPAs are reluctant to take on being a trustee, which is a time-consuming responsibility. An alternative is to be ...

Unanticipated changes in the law or circumstances may derail a careful plan to preserve a client’s intent to transfer wealth through trusts. A “trust protector” originated from a need to protect ...

Establishing a trust is something you might consider if you’d like to take estate planning beyond a simple will. Naming a trustee is an important part of the trust creation process but you might find ...

Nevada DAPT failed to shield California Tahoe real estate: court applied CA law, let IRS lien attach and foreclose on Huckaby’s 1/2 interest (U.S. v. Huckaby 2026).

There’s little question about the newfound popularity of trust protectors, which they’re undoubtedly enjoying. And why not? They’re entitled to a fee for “services,” even when none are required, and ...

The Restatement (Third) of Trusts, specifically §104, lists four general areas in which the beneficiary’s actions may lead to an assumption of internal liability to the trust estate: (1) A loan or ...

Cook Islands trusts are popular among high-net-worth individuals (HNWIs) and those who advise them. That is because Cook Islands trusts are structured to separate legal ownership (trustee) from ...

Setting up a trust can be an important step in estate planning, helping you manage assets, protect beneficiaries and simplify ...

Readers of my column know I emphasize the importance of naming beneficiaries for every IRA account. Many ask under what circumstances they should consider naming a trust as an IRA beneficiary. In a ...