When an individual or couple creates a revocable living trust, they typically name themselves as the initial trustee. When they become incapacitated, die, or simply become tired with the role as trustee, a successor trustee is named. This successor usually comes in the form of a corporate trustee, professional fiduciary, or family member. The majority […]
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RSS feed for this sectionEstate Planning and the NBA
31
May
Even for those who don’t follow the NBA, many have heard the news about Donald Sterling over the past couple months. This week, it was reported that Steve Ballmer would purchase the Los Angeles Clippers for $2 billion. Part of what made that sale possible was product of estate planning. Donald and his wife Shelly had […]