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Category Archives: Trustor(s)

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What Do I Really Need to Know About Trusts?

By Fisher Law LLC |

A trust is an agreement between two parties, the settlor and a trustee. Trusts may be used for many purposes, and one is for the trustee to accept, manage and protect assets delivered by the settlor, administer those assets according to the trust’s instructions and distribute the trust income and principal, according to the… Read More »

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Why We All Need to Have an Estate Plan

By Fisher Law LLC |

Putting off estate planning is never a good idea. Life happens, and before you know it, “someday” arrives. Having an estate plan is advisable for everyone, says the South Florida Reporter in the article “Why Estate Planning is so Important.” It doesn’t matter if you are rich or poor—you need an estate plan. People… Read More »

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What Should I Look for in a Trustee?

By Fisher Law LLC |

Selecting a trustee to manage your estate after you pass away is an important decision. Depending on the type of trust you’re creating, the trustee will be in charge of overseeing your assets and the assets of your family. It’s common for people to choose either a friend or family member, a professional trustee… Read More »

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What Does ‘Getting Your Affairs in Order’ Really Mean?

By Fisher Law LLC |

That “something” that happens that no one wants to come out and say is that you are either incapacitated by a serious illness or injury or the ultimate ‘something, ’ which is death. There are steps you can take that will help your family and loved ones, so they have the information they need… Read More »

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What You Need to Know about Trusts for Estate Planning

By Fisher Law LLC |

There are many different kinds of trusts used to accomplish a wide variety of purposes in creating an estate plan. Some are created by the operation of a will, and they are known as testamentary trusts—meaning that they came to be via the last will and testament. That’s just the start of a thorough… Read More »

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Communicate Your Wishes and Have the Documents in Place

By Fisher Law LLC |

Without a will or other estate planning documents, your property is distributed according to the law of intestate succession in the state where you live at the time of your death. That means any wishes you might have as to how your assets are distributed will not be considered, says the article “Make Your… Read More »

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Estate Planning Documents and Medicaid Planning

By Fisher Law LLC |

The conversation that you have with an estate planning attorney, when you are in your thirties with a new house, young children, and many years ahead of you is different than the one you’ll have when you are much older, maybe just before you retire. The estate planning attorney will know that you are… Read More »

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When Should I Start My Estate Planning?

By Fisher Law LLC |

Only 42% of Americans have a will or other estate planning documents, according to a 2017 Caring.com study. Among parents of children under 18, only 36% have created a will. USA Today’s recent article, “Estate planning: 6 steps to ensure your family is financially ready for when you die, ” explains that if you… Read More »

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Can I Revoke an Irrevocable Trust?

By Fisher Law LLC |

A trust can be revocable or irrevocable, says nj.com’s article, “Can an irrevocable trust be revoked?” A revocable trust is a living trust that’s created with a written agreement between the person creating the trust (also called the grantor or settlor) and the trustee. That’s the person who will manage the assets in the… Read More »

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Do My Debts Die with Me?

By Fisher Law LLC |

When you die, your debts do not. Your executor will be required to pay them using your assets. That means that any unpaid debt can reduce the wealth you’ve left behind for your heirs. In some cases, your family members could even need to pay your debt. Reader’s Digest’s recent article, “This Is What… Read More »

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