IN THIS PART …

Get a better understanding of the trustee’s duties, the terms of the trust agreement, and how you can best protect the trust’s assets.

Discover how to fund the trust, both while the creator of the trust is alive and after his or her death, and how to transfer various types of assets.

Receive guidance on investing and diversifying the trust’s assets, choosing investment advisors, providing for the needs of the beneficiaries, paying the trust’s expenses, and setting up a trust filing system that works.

Determine who the trust beneficiaries are, and how and when you’ll make distributions to them.

Find out how to terminate the trust down the road, including preparing the final accountings and income tax returns.