The Law Offices of Alex R. Hernandez Jr. PLLC handles trust litigation when there are disputes with the interpretation of the trust or a settlor or trustee is abusing their fiduciary duty including mismanagement of trust funds.
A trust agreement is a document that spells out the rules that you want followed for property held in trust for your beneficiaries. Common objectives for trusts are to reduce the estate tax liability, to protect property in your estate, and to avoid probate.
A trust is created by a settlor, who transfers title to some or all of his or her property to a trustee, who then holds title to that property in trust for the benefit of the beneficiaries. The trust is governed by the terms under which it was created. In most jurisdictions, this requires a contractual trust agreement or deed. It is possible for a single individual to assume the role of more than one of these parties, and for multiple individuals to share a single role. For example, in a living trust it is common for the grantor to be both a trustee and a lifetime beneficiary, while naming other contingent beneficiaries
Alex R. Hernandez Jr. is a Chartered Trust and Estate Planner (CTEP)®. Call us today if you have a trust litigation issue that needs attention. Call 1-888-HDZ-LAW-8. Let us protect your money and inheritance.