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Trusts

Should I put my home in a trust?

Owning a home in a trust means the deed names a trust, not an individual, as the legal owner. You still live in the home, pay the expenses and control the property, yet the title sits inside a legal container that follows written instructions. For many homeowners,...

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What is a dynasty trust?

A dynasty trust is a long-term trust designed to protect your assets across multiple generations. It helps you keep wealth within your family while reducing estate taxes and protecting assets from creditors or lawsuits. This type of trust can last for many years,...

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Why do people use trusts?

Trusts are a popular tool in estate planning because they offer many benefits for managing and distributing assets. People use trusts for a variety of reasons.  Understanding the advantages of trusts can help when planning your estate. Protecting assets for loved ones...

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The responsibilities of a trustee

Understanding the duties of a trustee may help New Jersey residents who are creating an estate plan that includes a trust select the right person for this job. A trustee is the person who is responsible for overseeing the trust. Managing the trust, investing the...

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