I see many clients who have children with medical conditions, most often varying degrees of autism, that will make it very difficult for them to manage their finances in the future. For these clients, there is a very specific type of trust that I put into their wills...
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trusts
A trust that goes on forever
Last Tuesday, I blogged about The Descendants and powers of attorney/advance directives. Today, I thought I would talk about one of the central plot points: the Rule Against Perpetuities. The Rule Against Perpetuities is a very old common law rule that states,...
Talk about ruling from the grave!
When Wellington Burt died, he was one of the richest men in America. He was a self-made man, having earned his fortune in timber and iron. He was philanthropic during his lifetime, sharing his wealth with the people in his community – he built a hospital, an...