Read the Transcript Hi, welcome back to another dose of bite-sized Bits of Knowledge, where we give you meaningful information in a short amount of time. We just finished the trust parties, and now we’re moving on to the first of four sections of how I break up...
Read the Transcript Hi, welcome back to another dose of bite-sized Bits of Knowledge where we give you meaningful information in a short amount of time. Today, we’re going to talk about the first of about five videos on trust administration. The videos are going...
Read the Transcript Welcome back to another dose of bite-sized Bits of Knowledge, where we give you meaningful information in a short amount of time. Today, we’re going to talk about trust funding. It’s a common discussion point that we have. What does it...
If you’re thinking of setting up a trust and you’ve never done it before, you probably have a lot of questions. How do you do it? Who needs to be involved? How do they work? Are they worth it? In this post, we’re going to try to cover several of those questions to...
[Read Transcript] HAIMO: If a person executes a revocable living trust, and all of their property is in the name of the trust, then there is no need for a probate proceeding. So what happens to living trusts after death? Before we dive into that, it’s...
Understanding Trusts and the Duties and Responsibilities of Trustees By: Barry E. Haimo, Esq. October 18, 2021 A trust is a separate legal entity that owns and administers property for the benefit of certain beneficiaries. One or more trustees are appointed to...