The Supreme Court of Nevada held recently that language in a discretionary trust allowing distributions as “necessary for the proper support, care, and maintenance” of a beneficiary didn’t require the ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. How does a trustee decide how and when to make ...

Discretionary distribution decisions are arguably the most difficult judgments faced by a trustee. Conscientious trustees spend significant time analyzing the trust instrument’s 1 dispositive ...

It seems that every trust has a bucket company. We delve into what they are, how they are used and why the government seems ...

In Berlinger v. Casselberry, Case No. 2D12-6470, 6 (Fla. 2d DCA Nov. 27, 2013), the Florida Second District Court of Appeal upheld a writ of garnishment issued by a trial court against the trustee of ...

Historically used for everything from protecting knights to shielding women barred from property ownership, the discretionary ...

Regardless of whether or not you are subject to the estate tax, it is essential to have a current will and related documents. I recently wrote two articles on the sticking points that can cause ...

There are many reasons people place money in trust for their heirs. Trusts provide professional management of assets for beneficiaries who either do not want to spend their time on such matters or ...

The federal budget includes a new 30 per cent minimum tax on discretionary trusts. Experts say it is not just the ultra-wealthy that will be hit.

We last visited the issue of the protections afforded in California to the beneficiaries of spendthrift trusts in my article, Distributions Due Or Made From A California Spendthrift Trust Available To ...

In Berlinger v. Casselberry, Case No. 2D12-6470, 6 (Fla. 2d DCA Nov. 27, 2013), the Florida Second District Court of Appeal upheld a writ of garnishment issued by a trial court against the trustee of ...