Q. My mom and dad built our family home in Arlington 35 years ago. It’s been remodeled twice and expanded to enlarge the kitchen and add a master bedroom suite. Our family still hosts frequent gatherings in the home for holidays and birthdays. Mom and Dad had paid off the mortgage before Dad retired. So […]
Are There Universal Rules for Trusts in U.S. States?
Q. Last week, in your article about Power of Attorney documents, you discussed the Uniform Power of Attorney Act, a law that was created to give universal rules for POAs across the states that have adopted it. Is there a similar law for trusts? If so, does it mention anything about creditors’ claims against settlors? […]