The Fundamentals of Trusts: Broad Terminology for a Nuanced Field of Study

Trusts are a topic that seem to be often discussed but seldom understood among the general public.  This is not an indictment of a misinformed public, but a commentary on the wealth of information and various channels through which it flows.  Your Google search results, your local banker or even a co-worker may claim to have all the insight on how to plan your estate and “get your affairs in order.”  Clients often tell me they “need a living trust.”  When I ask why they need one, they are unsure how to answer.  I do not ask the question to … Continue reading