They must manage trust assets, define rules, and handle taxes on trust income. Settlor errors like not funding the trust or financial overreach can disrupt its function. Key findings are powered ...

The revocable trust, or living trust, is an agreement between the client (commonly called the settlor, grantor or trustor in the document) and the trustee (usually also the client), until his or ...

When it comes to ERISA ligation, even if at first you do succeed, you often have to try, try again. Certainly that’s been the case of the fiduciaries of the HP 401(k) plan, one of a number of national ...

A trust is established when the owner of assets, 'the settlor', transfers or 'settles' assets upon a trustee to hold and administer for the benefit of 'beneficiaries', who may include family members, ...