When you take on the duties of administrator of someone’s estate or trustee of someone’s trust, you become a fiduciary. FindLaw explains that as such, you must work for the best interests of the heirs or beneficiaries in all that you do. If you fail to do so, the...
Month: April 2020
What are some pros and cons of a testamentary trust?
There are many examples of trusts when you get into estate planning. It is why you might want a second opinion since there is such a range to consider. You may think of trusts as something you chip into over your lifetime, but when it comes to the testamentary trust,...
Is establishing a special needs trust necessary for our child?
There may be days when it feels like you and your spouse are the only people in North Carolina who genuinely understand what your son or daughter requires to thrive. Establishing and funding a special needs trust might give you the peace of mind that he or she will...
