How to Pick a Trustee

While the term fiduciary is a legal term with a long history, it very generally means someone who is legally obligated to act in another person’s best interests. Trustees, executors, and agents are all examples of fiduciaries. When you pick trustees, executors, and agents in your estate plan, you’re picking one or more people to …

Read MoreHow to Pick a Trustee

How a Power of Appointment Can Improve Your Trust

Today many estate plans contain trusts that will continue for the benefit of a spouse’s lifetime and then for the benefit of several generations.  Since these trusts are designed to span multiple decades, it is important for the trust creator to consider including powers of appointment in the trust agreement to allow trust beneficiaries to …

Read MoreHow a Power of Appointment Can Improve Your Trust

How to Avoid Sending Your Loved Ones (and Assets) through Probate

Many people are using a revocable living trust instead of a will or joint ownership as the foundation of their estate plan. When properly prepared, a living trust will avoid the public, costly and time-consuming court processes of conservatorship or guardianship (due to incapacity) or probate (after death). Still, many people make a big mistake …

Read MoreHow to Avoid Sending Your Loved Ones (and Assets) through Probate

Discretionary Trusts – How to Protect Your Beneficiaries From Bad Decisions and Outside Influences

  Leaving your hard-earned assets outright to your children, grandchildren or other beneficiaries after you die will make their inheritance vulnerable to creditors. Instead, consider using discretionary trusts for the benefit of each of your beneficiaries. What is a Discretionary Trust? A discretionary trust is a type of irrevocable trust that is set up to protect …

Read MoreDiscretionary Trusts – How to Protect Your Beneficiaries From Bad Decisions and Outside Influences

5 Mistakes Made by Successor Trustees (and How to Prevent Them)

When establishing a trust, you need to give serious thought to choosing your successor trustee—the person who will administer your trust once you’re no longer able to do so. This individual ideally should be: Someone you trust implicitly. Someone who is organized, responsible and meticulous. Someone who can remain steadfast to your wishes in the …

Read More5 Mistakes Made by Successor Trustees (and How to Prevent Them)

5 Things Every New Parent Needs to Know About Wills

As a new parent, you want to ensure your new baby’s future in every way.  For most new parents, a will is the last thing on your mind. Many new parents struggle to figure out what steps they need to take to protect their children’s future should the unthinkable happen. Here are five key things …

Read More5 Things Every New Parent Needs to Know About Wills

What are the Common Types of Trusts?

Considering all the types of trusts available, creating an estate plan can seem daunting.  This is one of the main reasons by people tend to avoid taking the steps to their estate plan done. Here’s a look at the basics of ten common trusts to provide a general understanding.  There will not be a quiz …

Read MoreWhat are the Common Types of Trusts?

Reach out today to schedule a free Strategy Session

Aubrey Law
1329 Highland Ave
Needham, MA 02492