This ascertainable standard is frequently used by estate planners to determine how and when a trustee may make distributions, ...

A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...

I want to have a plan in place to make sure my daughter is taken care of if I die, so I'm making setting up a trust a ...

Your investment account’s transfer process after death depends on how you’ve set it up – from quick transfers with proper ...

Bottom line Simply put, a beneficiary receives your assets after you die. It can be an individual, a charity or a trust that you've set up. You can have one beneficiary for an account or other ...

An irrevocable trust is an essential tool in the kit of most estate planners, not only for sheltering assets from future ...

In reality, life tends to become much more complicated when a trust or estate is named as a retirement account beneficiary—but that doesn’t mean the inherited IRA funds will automatically be ...

Where a trustee failed to make a distribution as required by the trust documents, the circuit court did not err in finding that it breached its fiduciary duty. Background Kositzka, Wicks and Company, ...

The probate process often lasts a year or more, and if a beneficiary of an estate dies before full distribution of their ...

A Qualifying Terminable Interest Property (QTIP) trust can be an advantageous tool for married couples to utilize as part of ...