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Can You Trust Your Trust? What You Need to Know about the Advantages and Disadvantages of Trusts and Trust Compliance Issues

Product details:

Format: Book - softbound
Brand: American Bar Association
ISBN: 9781627227094
Service #: 41694190
Pages: 184
Shelf Space: 1 in.
Publication frequency: As needed
Update method: No updating

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Can You Trust Your Trust? What You Need to Know about the Advantages and Disadvantages of Trusts and Trust Compliance Issues

104470706

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104470706
104470706
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Published by the American Bar Association (ABA), Can You Trust Your Trust? What You Need to Know about the Advantages and Disadvantages of Trusts and Trust Compliance Issues provides guidance on the questions that should be taken into consideration when deciding whether or not it makes sense for you to provide for trusts in your estate plans.

A trust is frequently seen as the alter ego of a will. Trusts are often worthwhile but can be nightmares if improperly administered. As a result of the revamping of state trust laws in many states, trustees often find themselves with more questions than they were ever prepared for, without easily discernible answers, such as:

  • How do I know if I can trust my trust?
  • What should I look out for?
  • Are there ever occasions where I shouldn't provide for a long-term trust?
  • What should I look for when selecting an institutional trustee to administer my trust?
  • What trustee liability issues should I be aware of?