Principal Ryan Szczepanik discusses the value of dedicated trusts and estates firms in a new article on The Recorder. “While the large and midsized full-service firms are wooing lawyers to rebuild their trust and estates practices,” the author contends that lawyers committed to the practice should not overlook the benefits of a boutique. “As someone who practiced for many years at large firms before moving to my current boutique, I am accustomed to offering the highest caliber of legal services. I enjoy maintaining those standards while practicing in a more “user-friendly” environment. Boutique firms emphasize specialization.”
Spendthrift Trusts, Limited Protection for Deadbeat Beneficiaries. - California law has long recognized a settlor’s right to restrict a beneficiary’s use of trust assets. Restraints on alienation, spendthrift clauses, shutdown clauses and wholly discretionary trusts are a few of the tools settlors may use when creating a trust for the benefit of someone likely to have creditor problems.
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Principal Ryan Szczepanik discusses the value of dedicated trusts and estates firms in a new article[..]