Trust Administration Potpourri
Here at Fleming & Curti, PLC, we comb recent case reports and news items looking for a good story to illustrate important legal principles. We are always on the lookout for stories about, for instance, trust administration issues. Sometimes our work is easy; sometimes there just don’t seem to be great recent stories. Perhaps it’s […]
Is Dispute Inevitable When Two Children are Named as Co-Trustees?
MAY 18, 2015 VOLUME 22 NUMBER 19 So often our clients assure us that their children are different from other children. Our clients know that their children will fundamentally get along. They are sure that there will be no big problems when they die, and that the children will communicate and cooperate. Fortunately, that turns […]
Court Rejects Challenge to Living Trust After Settlor’s Death
FEBRUARY 16, 2015 VOLUME 22 NUMBER 7 Jessica Waltham (not her real name) died tragically in 2012, when her home south of Tucson burned down. She left a small estate, three sons and a bubbling dispute over the validity of her living trust. Jessica had first signed a living trust in 2000. She titled her […]
Does Your Personal Property Belong to Your Living Trust?
JULY 21, 2014 VOLUME 21 NUMBER 26 When you create a revocable living trust, you usually want to transfer most (maybe even all) of your assets to the trust — especially if one of the reasons for creating the trust is to avoid the probate process. A new deed to your home, a change in […]
Definitions For Common Estate Planning Terms
FEBRUARY 3, 2014 VOLUME 21 NUMBER 5 Judging from the questions we field online and from clients, there is a lot of confusion about some of the basic terms commonly used in estate planning. We thought maybe we could do a service (and make our own explanations a little easier) by collecting some of the […]