A recent decision issued by the Supreme Court of Alabama highlights the importance, for both creators and beneficiaries of trusts, of understanding whether a trust is Revocable or Irrevocable, and the consequences that flow from that distinction.
Revocable and Irrevocable Trusts
Any trust has three players: a Settlor, a Trustee, and a Beneficiary. » Read More
The care of an elderly parent can present an existential threat to family harmony and unity even in the closest of families. Even in large families where caregiving responsibilities can ostensibly be shared equitably, it is not uncommon for one or more children to shoulder much more of the burden than the others. » Read More
In prior blog posts we addressed the topic of contesting a Will on the basis that it was the product of undue influence. But what about circumstances in which the Will is not the product of undue influence, but certain lifetime transfers may have been? » Read More