Natasha Carroll-Ferrary Natasha Carroll-Ferrary

How do you administer a trust?

How you administer a trust depends on exactly what the trust says at the time it needs to be carried out.

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Natasha Carroll-Ferrary Natasha Carroll-Ferrary

Why do I need a trust if I have a will?

If you only have a will - or do not have a will at all - your estate goes through probate court: a lengthy, costly, public court proceeding. The trust helps avoid that!

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Natasha Carroll-Ferrary Natasha Carroll-Ferrary

If I signed my trust, am I done?

If you have signed your trust, you must be sure to put your assets into the trust before you are actually “done.”

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Natasha Carroll-Ferrary Natasha Carroll-Ferrary

Can I name my trust anything I want?

In theory you can name your trust anything you want; however, there are practical considerations that you should discuss with your lawyer.

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Natasha Carroll-Ferrary Natasha Carroll-Ferrary

How do I file taxes if I have a living trust?

If you have a living trust, then it’s likely that your trust uses your social security number as your TAX ID number and you file taxes just as you always have done so.

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Natasha Carroll-Ferrary Natasha Carroll-Ferrary

What is a trust?

A trust is a way of holding, maintaining, and distributing assets. What does that really mean?

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