Category: Trusts

Do you need help demystifying the terms and concepts used by some attorneys and estate planners when talking about wills, trusts, and estate planning?  In this series, we aim to break down some of these topics to make them easier to understand without having to go to law school. Check out the following: What is…

A trust is a legal arrangement where assets are held for the benefit of one or more beneficiaries.  The person that creates the trust is called the “settlor” or “grantor.”  The trust can hold money, investments, real estate or other property. The trust agreement will name one or more trustees who have certain duties to…