One of the biggest, and most common, mistakes people make when they create a trust is to simply appoint a spouse, adult child, or parent as the Trustee of the trust without considering what being a Trustee actually entails. After considering some of the varied Trustee duties and responsibilities it should be clear why you need to take time to appoint the right person for the job. Learn more about Trust Basics What you need to know about trusts in this presentation.
Raymond J. German provides a wide range of estate planning services to his clients, with a primary focus on creating peace of mind providing for the security of their loved ones, reducing taxes and avoiding a probate, all with a well-crafted estate plan. Mr. German defines the mission statement for German Law as “Helping one family at a time pass on values, beliefs and finances, that can be shared for generations to come.”
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