Part 2 of this series focuses on appointing independent parties vs. family members or beneficiaries in the role of trustee.
Author: Mark Shiller
Mark Shiller
Mark initiated this blog due to his passion in assisting and equipping families to manage their wealth and their families well.
It’s one of the most important questions any estate planning attorney can ask — but also one of the most complex to answer. Even so, the question is rarely explored with the depth that it deserves. It will take many more than this single post to cover the subject, so…
The concept of an incentive trust is not particularly new. The idea is simple: the person creating the trust ties distributions to certain desired behaviors. These behaviors can include completing college, earning a sufficient income, getting married, etc. On its face, there is some attractive qualities to this approach. After…
Earlier this month, my wife and I celebrated 22 years of marriage. While I may have had a small part in the success of our marriage, my wife has modeled how to be a great spouse consistently since day one. There’s no one formula for a successful relationship, but in the hopes…
Have you ever looked at a 50-year old trust document? Even one 100-years old? It can be striking to see how much has changed in these documents over time and how much has stayed the same. But odds are pretty strong that there is one paragraph or article in those…
I’m a basketball guy. Being 6’6″ will do that to you. So I continue to follow the sport and, given the local interest as well, was interested when Larry Sanders, one of the players for the Milwaukee Bucks in the NBA, decided to walk away from the game — at…