Articles Posted in Trusts

Important Considerations for Funding a Living Trust
Patrick & Associates, PLLC

A revocable living trust — also known as an inter-vivos trust — is a useful estate planning mechanism for many reasons. Living trusts can be used to help assets avoid probate, protecting your family’s privacy while helping them to avoid court fees and oversight. Living trusts also afford you a significant level of control, even…

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Can a Trustee Be Challenged or Removed?
Patrick & Associates, PLLC

A trustee has many important responsibilities and duties, including managing, controlling, and distributing trust property, while keeping beneficiaries and other relevant parties informed about the administration of the trust.  A trustee is a fiduciary, meaning that they are held to a very high standard for conduct. In executing his or her duties, a trustee is…

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