TheElder & Disability Law Firm, APC
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trusts & trust administration Archives

Reducing the risks involved with administering trusts

In California, more and more people are choosing to set up trusts as part of their estate plans. Today, many new types of trusts are available, and they are much more complex. Modern trusts may have portfolios that include far more than the traditional stocks, bonds and real estate. Some trusts might include businesses, collectibles, art, commodities and minerals. With more diversified portfolios, these trusts are extremely difficult to administer.

Different trust assets can raise different issues

Among the tools individuals sometimes use in estate planning and other types of planning are trusts. One of the ways trusts vary from one another is in what assets they contain. There are a range of different types of assets a person could opt to put into a trust.

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