In many cases, clients choose to name a professional trustee to serve either as the initial trustee or successor trustee of one or more of their trusts.  The modern trend toward the use of professional trustees is likely the result of the complexities involved in: 1) the way a trust may be structured; 2) the management […]
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Affidavit of Successor Trustee

Assume John Smith established the John Smith Revocable Trust during his life with himself as the Trustee of the Trust.  There are Trust assets with a bank or other financial institution, the records of which list the trustee as John Smith.  John Smith dies, and under the terms of the Trust agreement Mary Jones is the successor […]
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Estate Planning for Young Families

There is a common misconception that estate planning is only for individuals or families with significant wealth.  Estate planning is a necessity for families with minor children.  There are several important objectives in creating an estate plan for young families: Selecting the guardian of minor children upon the death or incapacity of the parents Providing financially for […]
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