What is a Court Bond and How Do You Get One?
Court bonds are surety bonds required to pursue an action in a court of law. The term “court bond” is actually an umbrella term encompassing a multitude of different bonds found in the court system….
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How to Set Up a Trust
A trust is created when the trustor, grantor, or settlor transfers property to the trustee, who will efficiently manage the property for the beneficiaries. A trust is one slice of a comprehensive estate plan, partnered…
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Who Starts a Trust
A trust settlor, also known as a grantor, trustor, trust maker, or creator, is the person who creates the trust. When making a trust, they establish which property of theirs they will grant to the…
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Trusts Can Benefit Special Needs Children in New Jersey
Most people are aware of trusts as devices that hold assets or funds for the benefit of children of wealthy people. But a trust in New Jersey can benefit a special needs child as well! Once…
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Estate Executors vs. Trustees
A deceased person’s estate may have an executor and a trustee, but the two of them serve different purposes even if they can often be appointed at the same time. What are the differences between the two…
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Set Up Trusts to Ensure Finances Are Used How You Would Like
Setting up a last will and testament directs where and to whom your money goes, but it does not detail how exactly your assets are to be used overall. Estate executors may then determine what…
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Powers of California Trustees
In California, if you are named a trustee, you have the power to collect, hold, and retain trust property until the trust property should be disposed of according to the judgment of the trustee. Even…
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Guidelines for Trustees
Trustees are responsible for handling assets held in trust that they themselves act as the legal owner of as a trustee. They handle tax filings for trusts and distribute assets to beneficiaries according to the…
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What Does a Trustee Do?
A trust is a legal entity that technically owns assets and includes instructions describing who you want managing your affairs and who you want to receive the trust’s assets. But what does it mean to…
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