Trust Administration’s Cold Case: What If a Beneficiary Goes Missing? A trust is designed to ensure that your assets reach the right hands, but what happens when a key player in this mystery—your beneficiary—vanishes without a trace? Imagine your trustee as a seasoned detective, magnifying glass in hand, sifting through…
A Trust Beneficiary is in Prison for a Felony: Is the Trust Exposed to Creditor Liability? Recently, a client contacted our office because one of their trust beneficiaries was convicted of a felony and sent to prison. The client wanted to know what happens to the beneficiary’s interest and whether…
