After two of the beneficiaries of Ralph Credille’s trust challenged the actions of their brother, the trustee, he argued that they had violated the trust’s no-contest provision. Then he moved to modify the trust. Oops. That made him the no-contest violator.
A recent Alabama court case addressed trust modification after a beneficiary’s serious injury. The lesson learned: a trustee must act quickly.
Significant changes in eligibility for Veterans Aid & Attendance benefits become effective on October 18, 2018. What are the changes, and how are you affected?
Our good friend and colleague Tim Takacs, a Tennessee attorney, wrote about what to do with your estate planning documents. We suggest some things not to do.
Do you have a family member in an American nursing home? Or, perhaps, are you looking at the prospect of moving someone to a facility soon? You might reasonably worry about the quality of nursing home care in the U.S. There’s good news (and ambiguous news) about the quality of nursing home care this week.…
It’s not uncommon for divorcing couples to negotiate for one spouse to receive a distribution on the death of the other spouse. That arrangement might be by maintaining a life insurance policy, or just an agreement that the spouse’s estate pay a fixed sum on death. Sometimes, though, the planned payment doesn’t work out. Let’s…
It can be hard for the trustee of a special needs trust to figure out what expenditures are permitted. The trust document might give some direction. Medicaid and Social Security eligibility workers will review the actual expenditures. And often, a court is looking over the trustee, as well. The court is the only one, though,…
Imagine that the adult care home where your uncle Bill resides has told you that you need to get a guardianship. What does that mean, and what do you have to do? Are there alternatives to guardianship? Guardianship means court involvement When you visit a lawyer to “get” guardianship, you should know that it…
Some hard-and-fast conflict of interest rules govern lawyers. Put simply, a lawyer may not represent anyone in an action against a current client. The lawyer is also disqualified from acting against a former client’s interests. That latter rule applies, however, only to matters related to the actual representation of the former client. Competent clients can…
Circumstances change. Trusts often are not adaptable to those changes. Sometimes trusts run for many years, or even decades. Increasingly, lawyers and trustees turn to trust decanting as a means of updating older trust language. What is trust decanting? Decanting is a relatively recent idea in trust administration. In some circumstances, a trustee may be…