by FamilyTrust | Sep 21, 2013 | Family Trust Attorney, Famous Estates, Will vs Trust
Heiress Huguette Clark lived in the Beth Israel Hospital for 20+ years, benefiting all who served her and enjoying the comfort to live wherever she chose without concern about cost. The lifetime giving pattern, if free, was apparently reflected in her Will. Huguette...
by FamilyTrust | Sep 16, 2013 | Do-It-Yourself Estate Plan, Family Trust Attorney, Family Trust Documents, Family Trust Online, Living Trust, Will vs Trust
When you begin to plan for the future disposition of your estate and assets, the first thing to decide is if you want to set up a will or a trust to guide that process. Compare Benefits of Will-Based vs. Trust-Based Plans There are benefits to both a will-based estate...
by FamilyTrust | Sep 13, 2013 | Family Trust Documents, Will vs Trust
The types of family trust documents you need depend on the context in which you apply the term "family trust." If a family trust is from a family trust-based plan, then you need a power of attorney, a pour-over will, healthcare disclosure documents, and a...
by FamilyTrust | Sep 7, 2013 | A / B / C Trusts, Definitions, Testamentary Trust, Trustees, Will vs Trust
A testamentary trust is set up by a will. The key is that testamentary trusts are given their life after a probate of a will. The will then funds those trusts, which are then deemed testamentary trusts. A testamentary trust is set-up by the testator (aka settlor,...
