The Basics of Estate Administration
Estate administration is the process of managing and distributing a person’s property (the “estate”) after death.
What Is a Trust?
A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a “trustee,” holds legal title to property for another person, called a “beneficiary.” There are many benefits to creating a trust.
When Should You Update Your Estate Plan?
Once you’ve created an estate plan, it is important to keep it up to date. You will need to revisit your plan after certain key life events.
