Fiduciary duty obligates a professional to act in the client’s best interests. This can apply to financial advisors, ...

Tony Bennett's daughters Antonia and Johanna have filed a new motion against their brother Danny, who is the sole trustee of ...

Instead, a third-party trustee manages the assets without disclosing or consulting the grantor or beneficiary about the specific investments or transactions. A blind trust can be revocable ...

A trust is a legal arrangement created to hold and manage assets on behalf of someone else, known as the beneficiary. The trustee is the person or entity responsible for managing trust assets.

The primary purpose of an irrevocable trust is to remove the transferred assets from the grantor’s estate, which can provide ...

A will may be suitable for simple estates with straightforward asset distribution needs while a private family trust is ideal ...

Recently (it was probably a bad weather day), I found myself leafing through parts of the Colorado Revised Statutes dealing with fiduciaries. I came upon a statute called the Uniform Prudent ...

In fact, the beneficiary may be an irrevocable trust since revocable trusts in fact almost always become irrevocable upon the death of the grantor. (This sometimes creates confusion since the title of ...

Tony Bennett’s daughters are accusing their brother of mismanaging the late singer’s finances for several years ...