Wealth Planning Blog

If you haven’t had the pleasure of administering someone’s trust estate yet, you are likely to either be involved in such an administration someday, or will have someone administering yours for you in the future. Many trusts being administered today, however, were drafted in the 80’s and 90’s and were never updated or revisited once they were put into place. This leaves children and grandchildren struggling to administer trust estates subject to terms that are either outdated or simply don’t make sense anymore for their families.