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Probate & Trust Administration: 5 Common Questions, Answered

By |2021-04-21T14:12:43-07:00March 16th, 2021|Estate Planning, Trusts|

Most people don't know much about probate, except that they want to avoid it. In our recent workshop for probate administrators and trustees, we noticed that a lot of the attendees submitted the same questions. Below are the 5 most asked questions about probate and trust administration, with answers from probate lawyer Tasha Lyn Cosimo. [...]

Get the Facts About Wills and Trusts

By |2021-04-21T14:12:43-07:00March 10th, 2021|Estate Planning, Trusts|

At their core, wills and trusts are both estate planning tools people use to protect their assets and their families. These documents are generally thought of as the two primary means of protecting and distributing one’s assets upon death. Many estate plans contain both a will and a trust, despite the fact that the goal [...]

Irrevocable Trust vs. Revocable Trust: An Important Distinction

By |2021-04-21T14:12:43-07:00February 2nd, 2021|Estate Planning, Trusts|

To understand the key differences between an irrevocable trust and a revocable trust, we must first understand what a living trust is in the first place. In its simplest terms, a trust is a fiduciary relationship between three parties: the trustor (also known as the grantor), the trustee, and the beneficiary. The process is facilitated [...]

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