Clauses Every Trust Should Have: Part 1

Brent chats with T.J. Ryan about important terms to make your trusts better. In this first part of that conversation, they discuss the importance of settlor intent, HIPAA releases and incapacity determinations, determining the character of property of the trust as community property or separate property, holding property in lifetime spendthrift trusts with careful distribution provisions, and using special co-trustees strategically (drug testing anyone?). T.J. is a Senior Partner at the Phoenix law firm of Frazer Ryan Goldberg & Arnold LLP. T.J.’s practice encompasses virtually all aspects of family estates, from estate and business planning, to probate and trust administration, to litigating contested estates – an area in which he has achieved a strong track record for positive results. A Fellow of the prestigious American College of Trust and Estate Counsel (ACTEC), T.J. Ryan focuses his practice on personal and business planning, including estate planning, estate administration, business entity formation, and trust and probate litigation. T.J. can be found here: T.J. Ryan, Trust & Estate Litigation and Estate Planning Attorney This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent go to https://wealthandlaw.com/team/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/