by VDT Attorneys | Jul 25, 2013 | Contract, Property, Trust
Firstly, one must briefly consider the nature of a trust to understand the legal implications of dealing with a trust. A trust can be defined as a legal institution in which a person, namely a trustee, holds and administers property separately from his own property...
by VDT Attorneys | May 20, 2013 | Family, Marriage, Trust, Will
For Susan and James to address their concerns, it is important that when they meet with their notary public in order to agree the terms of their antenuptial contract, they fully discuss their concerns, types of assets and intended treatment of these assets at the...
by VDT Attorneys | Sep 27, 2012 | Estate Planning, Family, Insurance, Trust, Will
But what will happen if Jeremy passes away before he has the opportunity to change the beneficiary on his life insurance policy? Will the proceeds of Jeremy’s policy be paid to his ex-wife and will his minor daughter, Hannah, be left without any rights to the proceeds...
by VDT Attorneys | Aug 21, 2012 | Estate Planning, Family, Trust, Will
The word trust is often used quite loosely and in a variety of contexts. In this article we deal with the correct approach to considering the inclusion of a trust as part of your family’s estate planning. The type of trust discussed is accordingly a typical...
by VDT Attorneys | Jul 17, 2012 | Estate Planning, Trust, Will
The importance of a will cannot be overstated. Not only does it provide expression to a deceased person’s last wishes regarding the division of his/her assets but it can provide financial security for loved ones for years to come. It can thus rightly be said that a...