Providing legal articles to help you understand

Author: Atlantis Law

By: Atlantis Law / Estate Planning
15 Essential Duties of a Trustee Explained

There are 15 duties of a trustee that every trustee and beneficiary must know. The duty that gets trustees sued the most is. . .

By: Atlantis Law / Asset Protection , Estate Planning , Irrevocable Trusts , Revocable Living Trusts , Trusts
7 IRS Rules That May Make Your Trust a Disregarded Entity

If you created a trust for tax avoidance or asset protection, these seven IRS rules on disregarded entities are essential. Rule 1, never . . .

By: Atlantis Law / Estate Planning
How Does Per Stirpes Distribution Impact Your Grandchildren

One of the most common ways to distribute in the state is “per stirpes.” Per stirpes distribution dramatically affects your grandchildren if. . .

By: Atlantis Law / Estate Planning
Per Stirpes vs. Pro-Rata: What’s the Difference

When distributing an estate is is easy to be confused by the difference between per stirpes vs. pro-rata. The two phrases are different but interrelated.

By: Atlantis Law / Probate
Probate Omnibus Clause: What Is It? (Sample Language)

An omnibus clause is one of the most undervalued portions of an order for final distribution. Excluding it could cost you thousands . . .