Decanting a Trust

Month: April 2014

April 29, 2014  |  

Decanting a Trust

The Basics A trust is a legal relationship where someone (the grantor) arranges with another (the trustee) to hold property for the benefit of a third-party (the beneficiary). The grantor transfers a split ownership of property–legal ownership to the trustee and beneficial ownership to the beneficiary. The grantor names the beneficiary and trustee and establishes the trust rules, which are typically spelled out in a trust agreement. The trustee is legally responsible for managing the […]

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April 25, 2014  |  

Protecting Yourself Online

For those who have had concerns about the Internet and its security, there was recently an “I told you so” moment.  Encrypted channels for online communication that were thought to be secure were identified as being at risk due to a flaw in the programming.  The compromised programming was widely used among the Internet’s most secure websites, and it was estimated that two-thirds of the Internet servers could be exploited to leak login information and passwords. […]