Your beneficiary is a person or entity (like a charity) who will get assets from you or your estate. They could be a beneficiary of an insurance policy, a trust you have established, or the property or money you leave behind (your estate) when you die. It is important to designate the people or entities you want to receive your assets. It’s also important to think about who would get those same assets if your […]

The general definition of a trustee is a person, or entity (like a bank), who holds and manages assets for the benefit of others. When Beller Law attorney draft a will, we want our clients to nominate someone to take care of any property or money that shouldn’t or can’t be given directly to the beneficiary. For instance, your children may be over 18, but if you die many years in the future and some […]