Who can contest a will?

While a party’s standing to file a will contest will depend on the specific facts and circumstances of the situation, generally, any interested party will be entitled to contest a will. Interested parties include any individual or entity that can show that they have a financial interest in the outcome of the estate administration, usually,Continue reading “Who can contest a will?”

What is a trust?

A trust is a type of legal arrangement that holds property. The property is placed into the trust by the trust-maker, also called a trustor or settlor. In a trust document, the settlor will name one or more people to serve as trustee, which is the party who manages the trust. The trustee is expected toContinue reading “What is a trust?”

Who has the right to contest a will?

The eligibility of a party to file a will contest hinges on the specific circumstances of the case. Generally, any interested party with a financial stake in the estate administration can contest a will. This typically includes beneficiaries named in the purported will and individuals qualifying as heirs under state intestacy laws.

Who should I pick to serve as trustee of my loved one’s special needs trust?

It may be best for you and your family to leave the day-to-day management of the special needs trust to a professional trustee. A professional trustee will have extensive experience in financial management and will also keep up to date on changes to state and federal laws and regulations governing assistance benefits. A professional trusteeContinue reading “Who should I pick to serve as trustee of my loved one’s special needs trust?”

What is a special needs trust?

A special needs trust is a specific type of trust that is used to ensure that a disabled individual does not become disqualified for housing arrangements or government assistance or benefits in the event the individual has too many assets or too much income. For example, a special needs trust can protect a disabled individual’s rightContinue reading “What is a special needs trust?”

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