by PTC Research | May 18, 2023 | Articles
A trust is a legal arrangement in which a trustee holds and manages assets for the benefit of one or more beneficiaries. The trustee is responsible for administrating trust assets and in so doing is charged with making decisions in the best interests of the...
by PTC Research | Apr 12, 2023 | Articles
Many people establish trusts to protect their hard-earned wealth and ensure a future for their beneficiaries. Commonly, a trustworthy (no pun intended) close friend or relative is chosen to serve as trustee. But what happens if that trustee, who is otherwise...
by PTC Research | Mar 17, 2023 | Articles
There are times when you can’t “trust” the person you name as the trustee of your trust. As an example of what can happen when the trustee goes bad, take the current saga involving the trust of the late Leonard Cohen – one of the greatest singer-songwriters of all...
by PTC Research | Mar 9, 2023 | Articles
Whether you are the trustee, settlor, or beneficiary of a private trust, changing circumstances over the passage of time can present unforeseen challenges to the ultimate fulfillment of the purpose of the trust. Such challenges can, rightly or wrongly, place trustees...
by PTC Research | Jan 26, 2023 | Articles
Special Needs Trusts are a specific type of trust generally designed to provide special protection for a vulnerable beneficiary and ensure that the beneficiary does not lose public benefits due to receipt of income or other distributions from the trust. Thus, Special...
