| Trusts Classified |
| Trusts are commonly classifed in two ways. The first way is by the duties of the trustee. The second way is by the intent, if any, of the settlor to create a trust. This article discusses generally these two ways of classifying a trust.More... |
| Revocable Living Trust |
| In many jurisdictions, trusts cannot be revoked unless the trustor expressly retains the right to revoke. Revocable living trusts allow a trustor to manage his assets, to plan for his incapacity, and to avoid probate. More... |
| Handwritten and Oral Wills |
| Today, the standard method of making a will is the formal witnessed written will, sometimes called an attested will. However, today's formal witnessed will has roots in other methods of making a will. The first wills in medieval England were the oral wills recognized by church-related courts. Some states permit one or more of the historic methods of making a will. This article discusses handwritten and orals wills. Contact your lawyer to learn if these methods of will making are permitted in your state.More... |
| Wills |
| Basic VocabularyMore... |
| Trust Modification and Termination |
| A court will modify a trust where the trust's leading purpose is frustrated by a specific directive made by the trustor.More... |
Hillman, Lucas & Jones, P.C.
Estate Planning Newsletter
