Can You Set Up a Trust After Death?

Can You Set Up a Trust After Death

In estate planning, the use of trusts to manage the distribution of assets is becoming increasingly more common. However, for many people, the idea of setting up a trust during his or her lifetime is overwhelming and perhaps even unnecessary.

Why Should I Name a Beneficiary?

Why should I name a beneficiary

Lewis established an irrevocable trust, in which he named ‘his son’s spouse’ as a beneficiary. At the time Clark, the son, was married to Vivian.