The use of trusts is common today. What is not widely understood is that there are as many varieties of trusts as there are ...

Irrevocable trusts can be valuable tools for estate and tax planning purposes, however the assumptions on which an irrevocable trust are based can change. Beneficiaries can fall out of favor; their ...

What law determines whether a "business trust" may be an eligible debtor under Chapter 11? There is a split of authority as to whether the law of the jurisdiction in which the trust resides or federal ...

AndreyPopov / Getty Images/iStockphoto In the Monopoly game of life, there is a type of trust that could take you straight to jail. Like all good scams, this trust has gone by different names over the ...

In their presentation, “Taking Care of Business: New Approaches to Business Succession Planning,” at the 59th annual Heckerling Institute on Estate Planning, Ellen K. Harrison and Natalie ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

A trust without assets is a worthless piece of paper. A trustee for a trust without assets is unemployed. PeopleImages / Getty Images/iStockphoto For 40 years I have reviewed trusts, and for 40 years ...