Trusts Archives

Rollins family dispute over trust management to head back to court

Beneficiaries of trusts have certain rights to the property being held in trust for their benefit. Because of this, suits between beneficiaries and trustees can involve a number of legal issues. One of these is the way the trustee is handling the trust assets. If the trustee fails to exercise his or her legal duties with regard to managing the trust assets, beneficiaries may choose to take legal action against the trustee.

Obama administration proposals could affect important estate planning tools, P.2

In our previous post, we began looking at how current proposals to cut spending and increase revenue could affect important estate planning tools. Last time, we looked specifically at how grantor retained annuity trusts could be affected, and we began to speak about intentionally defective grantor trusts.

Obama administration proposals could affect important estate planning tools, P.1

The American Taxpayer Relief Act, passed not too long ago by Congress, was able to provide a measure of certainty for estate planners with respect to tax planning, but there is still uncertainty ahead because of political debates over government spending and revenue generation. Depending on the way lawmakers choose to tackle the problem, certain estate planning tools may be targeted.

SC Supreme Court overturns estate settlement out of respect late singer's wishes

Last Wednesday, the South Carolina Supreme Court overturned a settlement between..... splitting up the soul singer's estate. According to the court, a former attorney general failed to follow Brown's wishes when putting the settlement together back in 2009.

Why having a bank serve as trustee may be necessary for some families

Battles over control of trusts and estate are not reserved to families where billion dollar fortunes are at stake. Even families with modest wealth can experience legal complications. Perhaps this is why the choice of whom to select as executor or trustee is a very important aspect of good estate planning. When somebody is chosen who is not right for the job, trust funds may become spent in legal fees and court battles, making for less to go around at distribution.

Trust amendments are anything but DIY

Many positives have come about as a result of Americans' increased involvement in estate planning and the necessary preparation for what happens to their wealth, property, and business(es) after they have passed away. Trusts, an incredibly useful means of keeping future generations' assets secure have become increasingly common, and many families have benefitted from parents' heightened familiarity with them.

Pet trust and other options available for pets in estate planning, P.2

In our last post, we spoke briefly about pet trusts, and how they can be excellent vehicles for ensuring a pet is cared for once its owner is gone. As we noted, pet trusts are probably the most reliable way to provide for a pet in estate planning, but they are not the only way.

Financial trusts: How to leave enough for your kids

Many Georgia families have an estate plan in place to provide guidance and support for current and future finances. Many also rely on trusts for specific estate planning goals. These goals can cover any number of things including protection of financial assets from tax liability, supporting charitable institutions and providing future security for a loved one.

Discretionary trusts can help family protect beneficiary's inheritance

Our Alpharetta readers may be aware of the controversy surrounding the estate of Whitney Houston. One of the issues at stake in the case is $20 million left in trust to Houston's 19-year-old daughter, Bobbi Kristina Brown. Now, the singer's mother Cissy Houston and sister-in-law Marion Houston, have filed a petition as executors of her estate, calling for a Georgia probate court to restrict the inheritance payments.

Things to consider in selecting a trustee to manage trust assets, P.2

In our previous post, we began discussing several factors to take into consideration when selecting a trustee to manage your trust assets. As we already mentioned, it is important to consider the size and complexity of the trust assets, as well as the ability of any family members to carry out the tasks of a trustee while leaving personal interests aside.

Mr. Teiger, Thank you very much for your time and results. I will definitely recommend you & your firm to anyone who wants to be treated professionally courteously and needs results.Hope all is well.Again...thank you. Regards, Paul L.

msg iconEmail Us For a Response

When you have legal questions or concerns, contact our team at Teiger Law Center, P.C., by calling 678-374-7645, 800-780-2275 or reach us via email by completing our online contact form. From our Cumming and Alpharetta law offices, we represent clients in the Atlanta metro and throughout north Georgia.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Cumming Office
514 West Maple Street
Suite 101
Cumming, GA 30040

Toll Free: 866-726-2153
Phone: 678-374-7645
Fax: 770-406-8858
Cumming Law Office Map

Alpharetta Office
12600 Deerfield Parkway, Suite 100
Alpharetta, GA 30004

Toll Free: 800-780-2275
Phone: 678-374-7645
Fax: 770-406-8858
Map & Directions