Question: I have a property in Nevada but on escrow now. I would like to make the purchase in the name of my living trust. Only problem now is I am outside the country and have not opened a [...]

Question: We have a living trust in a bank which has a very small interest rate. Can we transfer this account to a high interest account at another bank. How do we do this? Response: Yes. You [...]

Question: In a simple trust, when determining the distributable income, I subtract the expenses (accounting and trustee fees) from the interest and dividend income. Do I subtract 100% of the [...]

This article describes the types of accounts (often called “accountings”) trustees must maintain. But the next question is, who’s entitled to receive copies of accounts prepared [...]

Trust accounts or “accountings” can take a number of forms. The simplest is simply to share bank and investment information with beneficiaries and anyone else entitled to trust [...]