I had a client who was hit by a car while riding his bike. He was in a coma for 3 weeks. He and his brothers and sisters owned a family business, and my client was the only signer on the business account. We had to get a guardianship over him, and no one was able to...
A living trust appears to be like a will, in that the creator of the trust names a beneficiary of all of his or her property. However, a living trust also names a trustee that holds legal title to all of the trustor’s property on behalf of the beneficiary. The...