Estate Planning, Probate, Trusts, Wills
A trust is a right in any property held by one party for the benefit of another. The trustee is the one who holds title to the property, and the beneficiary is the person who receives the benefits of the trust. Many trusts are created as an alternative to or in conjunction with a will and other elements of estate planning. Many individuals put off setting up a trust or executing a will until it is too late. State succession laws then determine where your money and property go.