Blog Posts in May, 2015

What is a Trust and Do I Need One?

A Trust document creates a relationship by which one person (the “Trustee”) manages property for the benefit of another person (the “Beneficiary”). There can be multiple Trustees and Beneficiaries of a Trust, depending on the wishes of the person who is creating the Trust (the “Grantor” or “Settlor”). For many individuals, including those with minor children, a Trust may be the most efficient way ...