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The word “Trust” started popping up around the 12th Century. It meant reliance on the veracity and integrity of someone or something. When you create your Living Trust you name a Trustee responsible for managing the trust and its property. After you pass away a Trustee with veracity and integrity will faithfully follow the instructions you left in the Trust documents. Additionally, the Trustee you select needs to have the ability and inclination to get

Durable Power of Attorney for Assets: This is a legal document that appoints a person you trust to handle your financial matters if you are incapacitated. If you don’t have a Durable Power of Attorney for Assets a court will appoint one for you. Durable Powers of Attorney for Healthcare: This is a document that lets you name someone else to make decisions about your health care in case you are unable to make those

The Pour-Over Will is an essential element of your Living Trust. If you have a Living Trust why do you need a Will? All of your property that can be titled in the name of a person or entity, such as cars and real estate, can be put in your trust by naming the trust as owner on the title. All of your property which cannot be titled, or property with titles that you forget

A trust can be used to hold a family business for the benefit of your children. This is a great way of protecting their future stake in the enterprise, especially if they’re not old enough to manage it for themselves. The income can be used for your minor or adult children after you and your spouse have passed away. If your family business is owned by you and your spouse, and you place it in

Most people see their pets as part of the family. We love and care for our pets. They return the love and are totally dependent on us. A pet trust is a legally sanctioned way of making sure your pet will be properly cared for when you pass away or become incapacitated. This is a legal document enforceable in most states. You can select a person or private service to be the trustee of the