Trusts have become ubiquitous parts of estate plans. Many Estate Plans use revocable trusts as the foundation for the plan while others include irrevocable trusts. Regardless of the planning reason, every trust needs a trustee. The grantor may name the beneficiary as trustee, or the grantor may name another individual or entity as trustee, creating a natural tension between the beneficiary and trustee. If the tension becomes too great, the beneficiary may seek to have the trustee removed. As expected, the avenues for removal depend upon the trust instrument itself, as well as any statutory remedies available. Read on to learn more.
What would happen if something unexpected happens and you become incapacitated or pass away? Would your loved ones know your health care choices, or what to do with your assets?
You have the right to make your own decisions now about your assets and your health care, but if you don’t exercise these rights, they can be taken from you by the courts and government Read More!
You have the right to make your own decisions now about your assets and your health care, but if you don’t exercise these rights, they can be taken from you by the courts and government Read More!
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