Trusts & Wills Smith & Shapiro

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Cohabitation

Many situations exist where people are living together without the […]
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Contested Will

A Trust or Will is said to be “contested” or […]
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Trust Administration

When a Trustor dies, the Trustee has certain administrative duties to complete. Even with specific direction from a Will or Trust, the Trustee may need guidance or additional help administering the duties of the Trust.
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Offshore Trusts

Trusts created by or for the benefit of U.S. citizens or resident aliens in a jurisdiction other than the United States are called Offshore Trusts. These trusts are similar in most respects to Onshore (U.S.) trusts, but have provisions that […]
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Special Needs Trusts

A Special Needs Trust (SNT) is also called a Supplemental […]
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Nevada Spendthrift Trusts

A Trust created for asset protection will typically be treated as a Spendthrift Trust only if it contains the appropriate language designated for Spendthrift Provisions. This language in the Trust agreement document is called the spendthrift clause or spendthrift provision.
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Irrevocable Living Trust

Generally, in an Irrevocable Living Trust, the Trustor (the person who created the Trust) surrenders all control of the assets that are transferred into the Trust. As the name implies, an Irrevocable Living Trust cannot be revoked, terminated, or changed […]
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Revocable Living Trust

A Revocable Living Trust is a document that is created by the Trustor (the person who made the Trust) to hold and own all the Trustor’s assets, which are used for the benefit of the Trustor by the Trustee(s) of […]
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Trusts

Trusts are created to hold an owner’s assets. Properly structured, […]
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