In bankruptcies a trustee is needed in all cases to administer the assets or determine that there are no assets. The court appoints the trustee in chapter 7 and 13. The creditors determine who will...
In order to execute a valid will a person must be competent to do so. Generally, to be deemed competent at the time of the execution of the will the testator must meet the following requirements:...
Trust law is an extremely complicated area of law. You need to consult with an expert in trust law and tax law if you wish to transfer your property to a trust.
Generally, a trust is a legal...
The role of the trustee after the death of the trustor must be set forth in the provisions of the trust document. Generally, the provisions provide that the remaining trust assets be distributed to...