A testamentary trust helps with overall wealth management by protecting the testator’s assets after their death. This type of trust can be used to name minors as beneficiaries of the testator’s estate ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

At the intersection of incorporation-by-reference doctrine in the testamentary context and trust jurisprudence are several traps for unwary estate planners and trial lawyers. The doctrine sets forth ...

In simplest terms, a trust is a set of rules that govern the ownership and use of assets. Generally, as long as a rule is lawful (i.e. not sexist or racist), that rule can be included in a trust.

Many advanced estate planners emphasize to their clients the benefits and features of lifetime planning. The estate-planning community has become accustomed to using common and catchy labels for such ...

What will happen to your assets when you can no longer manage them? There are many opportunities when it comes to arrangements like these, and trusts are a big part of the planning process. If chosen ...

Matthew Burgess, director of View Legal, said overall TD2026/D1 is a helpful summary of key rules in this area but in ...

Providing for the next generation is a key concern for many clients. Mark Gleeson takes a look at core testamentary trusts and child pensions. Estate planning is a critical part of holistic financial ...

Traveling increases the importance of having an estate plan in place. Without a will, Louisiana’s default laws may not align with your wishes. Parents of young children should designate a guardian in ...

Many trust fiduciaries incur investment adviser fees while administering the trust. To reduce taxable income, the trustee wants to deduct these costs against trust income—but the courts are split on ...

Algonac City Council members voted on Feb. 20 to approve the Milford Jackson Testamentary Trust account summary and discussed where the funds from the trust should go. During the public comment ...