Being an independent trustee might initially seem like a straightforward role helping out a friend or stepping in as a neutral party to manage a trust.
There are different names for it, but all these documents are similar – the “Letter of Wishes” or the “Memo of Wishes” or the “Statement of Wishes”.
As the holiday season approaches, it’s a time for joy, celebration, and spending time with family. But amidst the festivities, it's crucial to consider the importance of estate planning.
Let’s face it, most of us dread thinking about wills and estate planning. It feels tedious and a bit morbid, but as the holiday season approaches, now is the perfect time to tackle this important task
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This might be how someone thinks who has been through a costly division of property with their former spouse/partner – and to avoid it a second time, well, do you put your house in a trust or what?