A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries. The trustee who oversees the trust can use their discretion in determining when and how trust ...

Unlike a will, which can be challenged during the public probate process, a trust is a private contract that is significantly ...

Deck: A response from the authors of “A threat to All SNTs,” November 2004 issue, to a letter to the editor from Richard E. Davis, member of Krugliak, Wilkins, Griffiths & Dougherty Co. L.P. inCanton, ...

On Tuesday, the U.S. Supreme Court heard oral arguments in the case of North Carolina Dep’t of Rev. v. Kimberley Rice Kaestner 1992 Family Trust, No. 18-457 (U.S.). The case involves a North Carolina ...

In the area of estate planning, the use of trusts has become so commonplace that most all estate plans utilize a trust in some manner. There are a wide variety of trusts in which practitioners utilize ...

Modern irrevocable trusts often span long periods or last in perpetuity. With growing frequency, those involved with existing irrevocable trusts seek to change those trusts in some way. Whether this ...

Most people should consider having one or more trusts in their estate plans. To make decisions about trusts you must be aware of trust terminology and basic concepts about the most common types of ...

Used properly, a discretionary (family) trust can save you tens of thousands of dollars in tax each year. This happens when ...