Estate Planning and Wills

You might wish to click to open a sample of a Living Will in another window to follow along with this discussion. You will need Adobe Reader to open this PDF. You may download it here.

You might wish to click to open this sample Living Will in another window to follow along with this discussion. You will need Adobe Reader to open this PDF. You may download it here.

Living longer in the United States is a great thing; however, this has caused a number of medical problems. Some of these issues and concerns have serious legal consequences. Quite simply, one of the problems is that many Americans are living into well-advanced years and as a result, they are suffering the effects of older age.

Trustee's Interest in the Trust Property One of the fiduciary relationships which arises is between a Trustee and both the Trustor and the Beneficiaries. A Trustee will be most responsible for managing the assets transferred to him/her in Trust and for making sure that these assets earn an appropriate amount of money, if they are assets which should do so.

There are many kinds of trusts, and many are extremely complicated and expensive. There are basic Trust principles and some considerations in deciding whether you ought to prepare a Trust.

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