If something happens, a successor trustee you previously selected steps in without court involvement. In such a case, they manage the trust on your behalf. You can also designate what happens to the trust’s money and property at your death.
Tag Archives: beneficiary designations
Assets, Estate Planning, Inheritance, Trusts, Uncategorized
Beneficiary Protection in Uncertain Times
20
Mar
Mar
Part 1 in a 2-Part Series Children bless us. From the day you or your wife gives birth, you start planning for your children’s future. You wonder about their interests, occupation and future spouse. These issues concern families most of the time. What’s more, they emerge as even more important in uncertainty, such as with […]
13
Sep
Sep
Some people mistakenly designate the child’s caretaker as the primary beneficiary, to avoid appointment of a guardian.