Estate planning today often encompasses a series of goals, ranging from tax planning to asset management and asset control strategies. Many ultra-high-net-worth families seek asset or divorce ...

Trustee selection for a beneficiary with special needs presents unique challenges. The decision includes practical considerations: the proposed trustee’s geographic proximity to the beneficiary; ...

Justin H. Brown and George M. Riter Jr. Justin H. Brown, left, and George M. Riter Jr., right, of Ballard Spahr. Courtesy photos This fall, Pennsylvania’s new Directed Trust Act (Act 64 of 2024) went ...

Now that Pennsylvania recognizes directed trusts, corporate fiduciaries should be aware that sharing trust responsibilities could create both legal liability and administrative burdens. The law, which ...

Pennsylvania will soon become the 20th state to adopt a version of the Uniform Directed Trust Act (the Act), adding a new subchapter to the PEF Code and significantly changing the existing provisions ...

WILKES-BARRE — Sen. Lisa Baker on Wednesday said Pennsylvania’s lack of a directed trust act posed a barrier to competitiveness in establishing and managing directed trusts. “By reducing costs and ...

As a financial advisor, you will have clients who are doctors, lawyers, accountants, or real estate agents. There are the top four professions that attract lawsuits when they make costly mistakes. If ...

If you're thinking about starting a trust to help remove assets from your estate, avoid probate, minimize estate taxes, protect your assets from creditors and provide income to your heirs and favorite ...

Clients generally have several key desires regarding their trust planning. These desires, prioritized differently by each client, are: some form of governance structure for the family trusts; privacy; ...