Joint trusts offer clients many benefits both during life and after death. Those with joint trusts need to understand the limitations inherent in the trust and the importance of seeking qualified counsel upon the death of the first spouse to ensure that the trust administration runs smoothly. A recent Michigan case highlights what happens when the surviving spouse fails to do that or simply ignores the terms of the trust altogether. Read on to learn more.
With more than 30 years’ experience in private practice, Mark Costley has helped hundreds of North Carolinians with estate planning, living trusts, financial law, probate, and trust administration. Mark’s work involves elements of teaching, strategic analysis and planning, documentation, and assisting clients in implementing their plans Read More!
Latest posts by Mark Costley (see all)
- How to Protect Older Loved Ones from Financial Exploitation - October 28, 2024
- How to File a Creditor Claim in North Carolina: A Guide to Recovering Debt from an Estate - September 26, 2024
- Naming a Guardian for Your Minor Children in Your Estate Plan - August 8, 2024
