Duties of the Trustees of Your Revocable Trust
By Libby Banks, The Law Office of Libby Banks, PLLC Clients often ask how they can prevent loved ones from being the victims of fraud and abuse. For an answer, I turned to Kent Berk, with Berk Law Group, P.C. in Scottsdale, Arizona. For most of our clients, their estate plan centers on the Revocable Living Trust. When establishing your Trust, one of the most important decisions is who will be your successor Trustee. During your lifetime and while you have mental capacity, you serve as the Trustee. If you are incapacitated, or upon your death, your Trust appoints a successor trustee...
Continue reading