Do you have a “Living Trust” or do you plan to get one? Be careful. If your trust is not explicit as to exactly what happens, how much, and ‘when’ and is one of those “outright distribution” to descendants, WATCH OUT! This is where attorneys nationally let the clients sign these and they leave the door open for a Tsunami of disputes which generates fees for their niche nationally and ongoing. It’s a ‘best kept secret’ though it is not one which works for you! I even know a family with parents like national newspapers writers/editors wherein their own children upon the parents passing away — even with all college educated children and some with many accolades to stand on, all argued against an even split and in the end needed finally law enforcement ( FBI ). I have some detail on my own Meta Facebook from a family member! You can not have a large gigantic trust filled with all kinds of crazy exculpatory clauses to mislead the trustee to think he/she can ‘do whatever they want’ when the trustee is already exhibiting lifelong traits that are not aligned with any ability to carry out the Trust willingly. If you want more details and how to go about your trust appointment with your selected lawyer to create your trust just call Joseph. As a last word, sometimes the Trustee knows about this issue and will guide the Grantor into signing a trust so that they can have an unclear trust.
