A Trust is a relationship in which one party (grantor) gives a second party (trustee) the right to hold title to property or assets for the benefit of a third party (beneficiary). So what does this mean?

Are you concerned about the future of your estate? Perhaps you have various kinds of property, accounts, investments, and other assets. Maybe you want a certain heir to receive these possessions, but that heir is not yet able to manage these responsibilities. You need to ensure that someone you trust can take care of your estate, whether that’s during your lifetime if you become incapacitated, or after your death until your heirs can possess your property.

It’s time to create a Trust! Trusts and Wills clearly spell out the rights of beneficiaries and responsibilities of legal guardians or executors of estates. But a Trust varies from a Will in a few key ways. It’s important to understand what a Trust is and how it works.....