Serving as a Trustee? Why Trust Documents Can Be Hard to Read Without Legal Guidance



Being named the Trustee of a Trust is a massive responsibility, and it is a role you do not intend to take lightly. That is the good news. The bad news—well, not bad … just challenging … is that reading through all those Trust documents for the first time might be a bigger chore than you initially thought. This is especially true if you intend to do your own detailed review without anyone to guide you. After all, Trust documents are written in a specialized language.

Everything is written in English. That said, Trust docs often feel like you are reading a technical manual for a sophisticated piece of machinery—the kind of document you reread three times and still do not quite understand.



To learn more, read Leigh's full blog.

 

What Is the Difference Between an Independent Administrator and a Dependent Administrator?


Most people understand that an executor or administrator of someone’s Will responsibility is to carry out the intent of the Will—and there is a pretty lengthy list of to-dos that comes with it, such as gathering assets, paying debts, and distributing property. That said, most people accept this role despite being super confused about what happens next. One of the biggest sources of that confusion is that not all estate representatives have the same level of authority. For instance, you could be an independent or dependent administrator.

Knowing the difference will help you determine how much freedom you have, how closely the court watches you, and how complicated the probate process will be from start to finish.



To learn more, read Leigh's full blog.

 

Call Leigh Hilton PLLC today!!


Having a competent estate planner in your corner will help you and your family navigate the often overwhelming waters that come with protecting everything you own and everyone you love. That is our job, and we would like to think we do it better than anyone else. Please call Leigh Hilton PLLC, tel. 940-387-8800, so that we can help ensure you and your family are taken care of in the best way possible.


Leigh Hilton PLLC wants to be your first call every time for any estate planning needs. We look forward to serving you.

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ATTORNEY LEIGH HILTON



Leigh Hilton has helped over 8,000 families protect the assets that they leave to loved ones from divorce, creditors, lawsuits and predators. She has also helped over 600 families implement the plans that she has prepared after the death of a loved one and helped over 2,400 families implement the plans prepared by other attorneys. She is the author of the books “Who Gets Your Stuff When You Die” and “What Your Spouse Should Know if Something Happens to You”  and a frequent speaker. She has given over 700 speeches to various organizations and groups. She would welcome the opportunity to meet with you to discuss how to protect your family. 

 
 
 
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