trustees
To ensure the validity of a trust, the trust donor must relinquish control of the trust assets to the trustees. As such, one of the first functions of the trustees is to identify the various assets of the trust, prepare
The ownership of an asset by a trust can protect a family’s assets from potential creditors. Further, such an asset will not fall into the personal estate of the beneficiary and will therefore also be protected from the beneficiary’s creditors.
Being a single parent comes with a unique set of challenges that are sometimes difficult for those who are co-parenting to fully understand.
If you have minor children, not making provision for a testamentary trust can lead to problems and unintended consequences after your death.
The need to revise one’s Will is generally triggered by certain events such as the birth of a child, marriage, divorce, the death of a beneficiary or executor, or gaining property that is not part of your existing will.
Failure to understand the impact of your marital property regime on death can result in financial problems such as the forced sale of assets, inability to pay taxes and debt, and the estate not being able to provide sufficiently for
