Trust Basics. Whether you're seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their versatility--many types of trusts exist, each designed for a specific purpose. Although trust law is complex and establishing a trust requires the services of an experienced attorney, mastering the basics isn't hard.
Q: I have been married for 20 years and am embarrassed to say that I have no idea what assets my Husband and I own; how do I find out? And how do I know if he is hiding assets from me?
Q: I am going through a divorce and my wife is posting nasty stuff about me on Facebook; can this be used in my divorce? What about her nasty text messages to her friends about me?
Q: I am a stay-at-home mom and haven’t worked in 10 years. My husband is the CFO of his company, with a mid six-figure salary. Am I eligible for alimony in the event of a divorce? What about child support?
Q: I run a small consulting firm with ten employees, and am going through a divorce. Does my firm have value as an asset?