Trusts

Types of Trust Beneficiaries

Posted on: June 10th, 2016
Primary, contingent and remainder trust beneficiaries have different rights as beneficiaries. Who has the right to bring a claim against the trustee of a revocable living trust?...

Rights of Trust Beneficiaries

Posted on: June 7th, 2016
Trust beneficiaries have legal rights detailed in the trust documents and governed by state and federal trust code. If problems have resulted from a negligent trustee, or the trustee fails to adequately address issues brought to his or her attention by the beneficiary, it might be time for the beneficiary to reach out to a trust attorney and, potentially, the courts for corrective action....

Free Gun Trust Seminar on April 4th in Chapel Hill

Posted on: March 17th, 2016
TrustCounsel's Chapel Hill gun trust attorney Greg Herman-Giddens leads a free seminar about ATF 41F on April 4th....

North Carolina Ranks 15th For Trust Decanting in 2016

Posted on: February 15th, 2016
Trust decanting is a process that allows assets of a trust to be distributed to another trust with different terms; generally the newer trust offers terms that better satisfy the needs of the beneficiary. Some states impose burdensome administration requirements for trust decanting, while others offer easier means of use....

Problems With Old Trusts

Posted on: November 21st, 2015
Even if one’s goals were accomplished when a trust was initially created years ago, those goals might not align with current tax legislation and, sometimes, could result in overly complicated trust administration....

3 Things to Consider When Creating a Pet Trust in North Carolina

Posted on: July 31st, 2015
Americans love their pets and often feel connected to their animals as part of a family unit. How can the well-being of a pet be ensured if a pet owner dies?...
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