A Matter of Trust - Softcover

Hoyt, Peggy R; Pollock, Candace M

Softcover

ISBN 10: 0971917744 ISBN 13: 9780971917743

Publisher: Legacy Planning Partners, LLC, 2005

Synopsis

A Matter of Trust is a book for everyone - everyone, that is, who cares about what happens to them in the event of disability and to their legacy at the time of their death. Maggie Kinnick was a widow of comfortable means who created a revocable living trust on the advice of her trusted advisors after the death of her only child, Pat. Her trust was created to provide Maggie with financial caretakers and oversight in the event she could no longer handle her own affairs due to mental incompetence and to distribute her legacy at her death. Her trust met the letter of the law and had typical "lawyer language" giving broad discretion to the trustees to expend funds on her behalf. No one anticipated that "discretion" cuts both ways and the trustee would exercise discretion not to expend funds for Maggie - primarily out of an abundance of caution to preserve her assets. Instead of protecting Maggie, the trust and its interpretation by the trustees created a living nightmare for her -- one that continued even after her death. A Matter of Trust is the definitive guide to create legal directives so that Maggie's nightmare can be avoided and to provide guidance on the creation of personalized instructions to properly guide caretakers about when and how discretion should be exercised. Estate planning attorneys and authors, Peggy R. Hoyt and Candace M. Pollock, present the real truth about trusts, trustees, and about the need for proper estate planning. Join them on Maggie's journey through a living trust abyss. Create a different result for yourself!

About this title

About the Author:

Peggy is a founding partner of The Law Offices of Hoyt & Bryan, a family wealth and legacy planning law firm specializing in wills, trusts and estates and elder law.  She is a three-time Stetson University graduate receiving her B.B.A., cum laude, in 1981, her M.B.A. in 1982 and her J.D., cum laude, in 1993. Her passion is her pets - all of them - including 3 horses, 5 dogs and 4 cats!  She enjoys competitive trail and limited distance endurance riding.

Peggy practices in the areas of family wealth and legacy counselling, including trust and estate planning and administration, elder law, small business creation, succession and exit planning, real estate transactions and animal law.

In addition to her law degree, she holds a Florida real estate license. Peggy formerly held a NASD Series 7 license and health, life and variable annuities licenses. She serves as a certified FINRA Arbitrator and is also a Florida Circuit Court Mediator concentrating in family business and estate matters. Peggy holds Board Certifications from the Florida Bar in Wills, Trusts, and Estates and Elder Law.

Peggy and two friends, Kim Radcliffe and Casey Taylor have recently founded the Center for Animal Advocacy, a Central Florida law firm dedicated to legal issues related to animals and the people who love them.

About this edition

• Publisher: Legacy Planning Partners, LLC
• Publication date: 2005
• ISBN 10: 0971917744
• ISBN 13: 9780971917743
• Binding: Paperback
• Number of pages: 156