Once assets are transferred to the trustee, the trustmaker no longer holds legal title to them. If the trustmaker dies, the trust continues, and the successor trustee (who is named in the trust instrument) takes over administering the trust. Since a trust can’t die the same way a person can, the trust assets will not be subject to probate upon the trustmaker’s death.
Scott A. Makuakane, Esq., CFP
Est8Planning Counsel LLLC
Honolulu, Hawaii
Continue reading to make the most informed decision for your family.
As our loved ones grow older, their home environment can play an important role in their comfort, independence, and everyday safety. Small…
Learn how independent living, assisted living, nursing homes, and memory care differ in cost, care, and daily life for families planning ahead wisely.
Memory Care 101 explains dementia signs, caregiving tips, home safety strategies, and when families should consider memory care facilities.
Explore the importance of sleep for seniors, the challenges they face, and evidence-based tips to improve rest and health naturally.
Tell us what you need and choose the providers you want to hear from. Takes about 2 minutes.