Tag Archives: trustee

Selecting a Trustee- What Matters?

Who Do You Trust? Choosing a trustee requires an appropriate balance between kinship or friendship, expertise and technical knowledge. As a trust attorney one challenging aspect of my practice is the very personal decision by a client about choosing a trustee or trustees (and their substitutes) for his or her many types of trusts. There […]

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Estate Administration 101

For Executors and Maybe Trustees Losing a loved one is hard. But if you’re an executor or trustee hopefully this step-by-step guide to Estate Administration will ease the burden of knowing the business of what to do when a close family member or friend dies. Whether or not your loved one has a will or […]

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Consider Naming A Corporate Trustee With A Trust Protector

Many people initially look to friends and family members to act as Trustees for Trusts created under a Last Will for their children. The prevailing thought is that the family member or friend will be more invested in the lives of the children and will therefore do a great job. The clients also believe that […]

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Did You Pick The Wrong Trustee For Your Spouse Kids or Grandchildren?

Did You Pick The Wrong Trustee Under Your Will or Revocable Trust? A Quick Guide To Fixing This Mistake And Updating That Old Will Or Trust First, What is a Trustee? A trustee is named in the trust to manage and oversee the trust.A trustee has the ability to make decisions regarding the assets of […]

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Create Trusts For Children In Your Wills

I have had a recent addition to the family, my son, James Douglas Kaune.  Welcome to our lives James!! Taking my own advice, my wife and I immediately updated our estate planning documents including wills, powers of attorney and trusts.  We also modified our beneficiary designation forms in IRA’s, 401k’s and life insurance to name the testamentary trust for […]

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Will Your Estate Owe Federal Estate Taxes?

Many of us are wondering whether or not our Executors, Administrators, beneficiaries or Trustees will have to pay estate taxes at the time of our death. I came across an excellent article in Smart Money that will help you answer the question, Will My Estate Owe Estate Taxes? This should help you get a better […]

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