Stepping In: What to Do as Trustee When Your Loved One is Hospitalized
Being named a trustee is an important responsibility, but sometimes life throws unexpected situations your way. When a loved one is hospitalized and you have to step into the trustee role, you might feel overwhelmed and uncertain about what lies ahead. Here’s a guide on how to navigate your new responsibilities and ensure your loved […]
Understanding Beneficiary Rights: Navigating Trustee Interactions
When you’re named a beneficiary of a trust, it’s natural to have questions about your inheritance and the trustee’s actions. Knowing your rights is essential in ensuring transparency and fair management. Here, our trust lawyers shed light on the powers and responsibilities at play. Your Rights as a Beneficiary Right to Information: As a beneficiary, […]
Key Parties to a Trust
This article will focus on some of the key parties to a trust. There are generally three parties to a trust; the grantor, trustee, and beneficiaries. The Grantor or Settlor is the person that creates the trust. This person will discuss with their attorney their wishes for the trust and the terms that will […]