beneficiaries

The Ins and Outs of Naming a Trustee

June 21, 2017

Choosing a trustee for a trust is an important decision. The role of trustee carries key legal responsibilities. The best option is usually a person, such as a trusted friend or family member, or a financial institution. This article summarizes a trustee’s responsibilities and details the qualities — and qualifications — a trustee must have.

Read More

Why You Might Not Want to Include Corporate Assets with Business Assets

July 1, 2016

There are a multitude of reasons why you may choose not to combine real estate and other assets within a single entity. For instance, your business may be liable if injuries occur on the property, or if the company is confronted with legal liabilities, this may affect your ownership of the property. Tax savings, limited liability and flexibility are just a few of the reasons that holding real estate in a separate entity may be beneficial to you.

Read More

Want to Benefit Your Loved Ones?

November 18, 2015

Charitable remainder trusts (“CRTs”) and charitable lead trusts (“CLTs”) are often referred to as “split interest” trusts because of their dual beneficial interests. They have the ability to benefit both qualified charities, as well as noncharitable beneficiaries. This article explains how they work.

Read More