Question: My husband is 77 and I also will be 77 in five days. What if we pulled all our money out of my husband’s 401(k) (~$200,000) and my IRA (~$30,000) and put the cash into our home [...]

Yes, trustees are entitled to compensation. After all, they perform important services with a high degree of responsibility and potential liability. Nevertheless, when family members serve as [...]

Question: What would be the typical cost of a bank administering a trust set up with quarterly distributions that could last 10 years? Response: It depends largely on the amount you will have in [...]