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Huguette Clark’s Will: Potential Agreement Reached in $300 Million Estate That Includes Famous Doll Collection

Huguette Clark’s Will: Potential Agreement Reached in $300 Million Estate That Includes Famous Doll Collection

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...
Will vs. Trust – A Comparison

Will vs. Trust – A Comparison

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...
Types of Family Trust Documents

Types of Family Trust Documents

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...
Testamentary Trust Explained

Testamentary Trust Explained

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,...

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