The entire process of making a law can be rushed through in a matter of days with important legislation, or it can be dragged on for an extended period of time as the law bounces between houses and committees
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For example, will the appointment of one of your adult children cause undue stress in his or her relations with siblings? What conflicts of interest are created if a business associate or partner is named as your executor or trustee? Will the person named as executor or successor trustee have the time, organizational ability and experience to do the job effectively? A trust is a written agreement between the individual creating the trust and the person or institution named to manage the assets held in the trust (the “trustee”)
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The purpose of this material is to summarize the estate planning process and how it can address and meet your goals and objectives