A recent real-life case demonstrated the importance of estate planners and trustees staying alert. Essentially, the founder’s (the estate planner) daughter reached maturity, and her new attorney ...

The authors write "Last month, the Court of Appeals, in Carlson v. Colangelo, 2025 N.Y. slip op. 02264 (2025), considered, ...

Assets in a living trust count as part of your estate for ... an attorney-client relationship between any parties. Information provided on Forbes Advisor is for informational purposes only.

Grantor The person who creates the trust and contributes assets to it ... amounts are either repaid to the state for services provided to the beneficiary or become property of the nonprofit ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

"As winter has left its mark over the past three months, so, too, did the Court of Appeals and the Surrogate’s Courts ...

and we wanted them to understand that the trust means they will be provided for if anything happens to us. They now understand the importance of having assets. Read next ...

select a trust type, choose a trustee and outline your beneficiaries, decide what assets to place, and complete the legal process for setting up your trust. A trust is a legal agreement that ...