If someone asks you to be the trustee of their trust, should you do it? Well, as is so often the answer in law, it all depends. One thing is certain, however, and that is that before you say yes, you should fully understand what you would be agreeing to. So let’s take a look [...]
Lots of people have trust issues. In our practice, the one we see most often is: who should you choose as your trustee? Trusts. A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets (money or property) on behalf of a beneficiary or beneficiaries (the person or persons for [...]
In estate planning, you may often hear these titles being kicked around: Personal Representative, Beneficiary, or Trustee. But who are these people and what do they have to do with your Legacy Estate Plan? Let’s find out. Trusts, Beneficiaries and Trustees. Before we can have a beneficiary or trustee, we first need to have a [...]
Let’s say you understand how important it is to have an estate plan, and you made your New Year’s resolution to get one put in place. That’s wonderful! Now, what steps can you take to make sure that your estate plan will be successful? Here are three tips that may help you. Hire [...]
Here in beautiful Sedona, we have stunning sunsets, plenty of heat, gorgeous Red Rocks and amazing views. But in the land of estate planning, we’ve got wills and trusts. A will, as you know, is a legal document (“last will and testament”) that states your final wishes and gives instructions about how to divide up [...]
