Confused about Trusts? Let’s Talk About Buckets Instead

Across the board, legal documents can be confusing. Just think about the paperwork needed to take out a mortgage – the legalese is overwhelming. And the same is true about trusts. Even the best document drafters can’t eliminate all the technical language in a trust document. Add to that all the different types of trusts – RLT, ILIT, IDGT, GRAT, … Read More

Watch Your Language: Trustee

A trustee has legal title to assets subject to certain conditions and requirements that are spelled out in the trust document. [Read More]

Watch Your Language: Grantor

The grantor is the person who creates a trust. No matter what type of trust you have, the grantor is always in charge because they set the trust’s terms. [Read More]

High Five: 5 Big Differences between Wills and Trusts

The most common question I get asked in our Mutual Interview is, “What’s the difference between a will and a trust?” The answer is based on the way each gets treated while you’re living and after you die. Whether you choose one or the other depends on your goals for your plan. [Read More]