Trustee

The Trust “Oil Change” – Reviewing and Updating Your Trust

January 23, 2023By KROST Wealth

As one annually services their automobile for an oil change and routine maintenance, it is also prudent to review your trust to confirm that your original documents are consistent with your wishes. At a minimum, one should look at the following provisions of their trust to determine if any changes are required: Successor Trustee – Read the full article…

Advantages of Trusts for Estate Planning

December 20, 2021By KROST Wealth

As a reminder, a trust is a legal agreement between two parties: the trustee and the trustor (sometimes called the settlor or grantor). The trustor is the person who establishes the trust and transfers assets into it. The trustee is the person or entity responsible for managing those assets according to the wishes of the trustor. Often the trustor Read the full article…