Category Archives: Trusts

Virginia’s New Domestic Asset Protection Trust

Well, I hope you have power. My house didn’t get power until July 4th – nice Independence Day present – and I have been trying to catch-up, ever since.  Before the power went out last Friday, one of the items … Continue reading

Posted in Asset Protection, Estate Planning, Irrevocable Trusts, Self-Settled Irrevocable Trusts, Trusts, Virginia | Tagged , , | Leave a comment

Trustee Part VI…Having Co-Trustees Might Not be a Great Idea

For the last several posts on the Trustee, I have been teasing out why it might not be advisable to appoint or name co-Trustees to your trust, and more importantly, successor co-Trustees once you have passed away. The last several … Continue reading

Posted in Estate Litigation, Estate Planning, Revocable Living Trusts, Trustee, Trusts | 7 Comments

The Trustee: Part V…More Trustee Responsibilities

The last several posts have described the importance in selecting the appropriate person to be the trustee, the qualities for a good trustee, the powers the trustee can be given to oversee the trust and some of the trustee’s responsibilities. Here are the additional trustee responsibilities. … Continue reading

Posted in Estate Planning, Revocable Living Trusts, Trustee, Trustee Responsibilties, Trusts | 1 Comment

The Trustee: Part IV…Trustee Responsibilities

The last several posts have described the importance in selecting the appropriate person to be the trustee, the qualities for a good trustee and the power the trustee can be given to oversee the trust. The trustee powers are utilized by the trustee … Continue reading

Posted in Estate Planning, Revocable Living Trusts, Trustee, Trustee Responsibilties, Trusts | 2 Comments

The Trustee: Part III…Trustee Powers

This is the third in a series of posts on the Trustee. You can read the previous parts of the series here (on picking a trustee) and here (qualities of a good trustee). Once a trustee is selected, a settlor … Continue reading

Posted in Estate Planning, Trustee, Trustee Powers, Trusts | 3 Comments

The Trustee – Part II…The Qualities in a Good Trustee

This is the second in a series of posts on Trusts and Trustees. You can read the first post on Picking a Trustee (here). Because the role of a trustee or a successor trustee is extremely important to the success … Continue reading

Posted in Estate Planning, Good Qualities, Trustee, Trusts, Uncategorized | 4 Comments

The Trustee…Picking a Trustee…Part 1

As I have stated numerous times, I am not an automatic proponent of creating trusts for people. I will tailor an estate plan for a client depending on the needs of the client. However, many times creating some form of … Continue reading

Posted in Trustee, Trustee Responsibilties, Trusts | 6 Comments

Estate Planning Documents Every Person Should Have

I am asked numerous times what are the typical estate planning documents someone should have.  My answer, like many answers from an attorney is: It Depends.  There a number of factors that could push a person to one level or … Continue reading

Posted in Advanced Medical Directives, Durable Power of Attorney, Estate Planning, Trusts, Wills | Leave a comment

Will Clauses…Part III…More Clauses

In the last two posts (here and here), I described several introductory clauses that can be found in a typical Last Will and Testament. This will be the last post in this series providing further explanations to some basic clauses found in your … Continue reading

Posted in Estate Planning, Personal Representatives, Terminology/Definitions, Trusts, Uncategorized, Wills, Wills | 2 Comments

Financial Emergency 411 Seminar

Sorry, to break into my series on asset/property ownership but I will be leading a “lunch and learn” seminar on Thursday, October 13th at 12:00 PM at the Arlington Chamber of Commerce. I will be hosting in conjunction with a … Continue reading

Posted in Estate Planning, Media Events, Seminar, Trusts, Wills | Leave a comment