Parents spend a large portion of their lives looking out for their kids. Even as they enter adulthood, many parents are still a huge source of support for their children. However, there comes a day when the people that always … Read More
Trust accounting is a detailed record that includes information about all income and expenses related to a trust. It includes items like taxes paid, disbursements, gains and losses, and expenses paid to advisors who helped manage the trust over time. … Read More
Almost every aspect of creating a trust can be complicated. From picking a trustee to deciding how the trust assets will be distributed, there are a number of decisions that go into the legal document. And it doesn’t end once … Read More
There’s a lot that goes into creating a trust, and that includes distributing the trust assets once the grantor is gone. This process is more than deciding who gets what; you have to lay out when your beneficiaries will receive … Read More
Whether you’re getting an early start on your estate planning or have been procrastinating, creating a trust could give you a little more peace of mind, especially if you have a large estate. A trust is a legal contract that … Read More