Dynasty Estate Planning
What is a Trust?
What is a Trust? Trust Definition: What is a Trust? A Trust is a contract that controls property. A Trust has three parties. First, there is the party who creates the trust. This party is typically called a “Grantor.” This party may also be called a “Settlor” or “Trust Maker” or “Trustor.” Second, there is a Trustee. The Trustee…
Read MoreStupid Trust Tricks – When Asset Protection Fails
A Trust that was supposed to protect assets from creditors didn’t. The reason why happens every day with most trusts. Failure to follow simple guidelines could mean that your trust is vulnerable to the creditors of your children. “Stupid Trust Tricks” are when people either have the wrong kind of trust for what they want to…
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