Question: I’m going have a spendthrift type of trust drawn up for my son who will probably inherit $6-7 million dollars. The instructions would be to invest the money in an S&P 500 index fund with an annual $100,000 payment to him. I think a $35-70,000 annual trustee fee would be exhorbitant. How about an […]

Question: My husband of over 40 years recently was diagnosed with Parkinson’s and dementia and is no longer able to act as a co-trustee with me on our trust.  His daughter, who is my stepdaughter, now wants to step in as co-trustee with me.  I told her no, and that I would act as sole […]

Question: We have a revocable trust that we would like to revoke and move the funds to TOD accounts and a TOD deed. We are doing this because the kids aren’t minors anymore and we don’t want a successor trustee (the trust is outdated). We want the proceeds to go directly to the kids now […]