Many clients become confused between the difference of the duties and responsibilities of the person you name as a Durable Power of Attorney (“DPOA”) and
When you have a revocable living trust, you typically serve as your own trustee. Upon your inability to serve as your own trustee, you name
The last few years have brought several favorable developments for same sex couples in the tax and estate planning arenas. The Supreme Court ruled in
“James,” a widower, sat in my office as we prepared his will together. “My sons don’t have the time or expertise to serve as my
I’ve written in the past about a variety of ways to modify problem trusts. I mentioned one technique, “trust decanting” as a viable option. Today,
An adult child of a client who recently passed away contacted me to discuss what she was to receive from her mother’s estate. She had
A client, “Alec” discussed imposing a third party trustee on his son “Terrance’s” inheritance, while leaving his daughter in charge of her inheritance without imposing
“Calvin” visited with me recently, armed with spreadsheets describing the distributions he wanted his revocable trust to implement following his death. He made various assumptions
“I know that you’re big on revocable trusts,” Jennifer began during our initial client consultation, “but let me tell you I’m not. I don’t believe
