Trusts can be a useful tool for estate planning when you want to leave specific instructions about how your assets should be managed during your lifetime and beyond. Part of creating a trust means ...

It is in the best interest of trustees to take proactive measures to protect themselves against potential lawsuits and other liabilities. One of the most effective ways of accomplishing this is ...

Trusts allocate assets to a beneficiary. An in-trust account, or an ITF, is an informal option that does not require a legal deed of trust. Many or all of the products on this page are from partners ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

It is common for the accounting clause of an inter vivos trust instrument to contain a provision along the lines of the following: “The written approval of such an account by the person or persons ...

My sister just died and left me as the trustee for my 12-year-old nephew’s $100,000 inheritance. It’s a lot of responsibility — what do I do first?

I am wondering whether readers are having a similar problem arising where they may be involved in providing tax advice for Trusts or, indeed, whether ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change ...

JOHANNESBURG - Often people are of the view that trusts do not require their own bank accounts. Trustees and even service providers justify why separate trust bank accounts are not maintained for ...

An irrevocable fully discretionary inter vivos trust was established to fund the college educations of five named individuals. They were and are fully competent in all respects. Title to the remainder ...

Once you know what kind of trust you'd like, follow these steps to open a trust account. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...