A trustee is a manager of assets in a trust. The grantor creates the trust and appoints the trustee. A trustee has a “fiduciary duty” to serve the grantor and not benefit personally. When the grantor ...

If you are considering taking on the responsibility of serving as the trustee of a special needs trust, you will probably have questions about the trustee's role. Trustees of special needs trusts have ...

Choosing a trustee to manage your assets after you pass away is one of the most important estate planning decisions you make. It may seem easy in concept, but it’s far from simple. Some people default ...

What happens when the trustee's work takes more time and effort than anyone anticipated? And how much, if anything, should a ...

You’ve made it to a place in your estate planning where it’s been determined that setting up a trust will help accomplish the many goals you have for your family. You’ve done extensive research and ...

Over the next 25 years, 45 million U.S. households are expected to transfer $68 trillion to the next generation, according to Cerulli Associates. Given the wide use of trusts for estate planning ...

Pension plans have become less common over the years, but they still play a vital role in the retirement prospects for millions of workers across the nation. Although most people think of their ...

For individuals with disabilities, an inheritance or settlement can jeopardize a their government benefits, such as Medicaid and Supplemental Security Income (SSI). A special needs trust (SNT) can ...