August 11, 2020—When updating your estate planning documents, one of the most important considerations is who you will name as the executor of your estate.
July 28—Creating strong communication practices within your family is an important component of legacy planning, and even more important during challenging times.
When irrevocable trusts are drafted in happier times, and then times change, is it possible to reduce or even eliminate the interest of an ex-spouse or soon to be ex-spouse? Trustees potentially have access to powerful tools that might change beneficial interests. Indeed, it might be said that there is no such thing as an “irrevocable” trust. In any event, family law practitioners should counsel clients to investigate the options.