Estate & Gift Planning Fundamentals

In the realm of estate planning and trust management, the terms “trustor” and “trustee” are often used. However, many people find it challenging to differentiate between these two roles. Both the trustor and trustee play critical parts in the creation and management of a trust, but their responsibilities and functions are distinct. This article aims to clarify the differences between a trustor and a trustee and provide an in-depth understanding of their respective roles.

Probate often carries a reputation for being daunting and intricate. However, this essential procedure plays a critical role in ensuring that a loved one’s wishes are honored after they pass away. Gaining a clear understanding of probate can render the process more straightforward and manageable than it initially appears. Unlock the secrets of the probate process with our comprehensive guide. Learn what probate is, when it’s required, and how to navigate it smoothly.

Transparency and building trust rank near the top for values fundraisers must cultivate. With competition for donor dollars increasing year after year, adopting a clear and validated set of professional values will boost donor peace of mind. The Donor Bill of Rights delivers a widely-accepted list of basic expectations between donors and their chosen nonprofits. Consider adopting these guidelines to lend legitimacy to your organization. This document will also help you observe the building blocks for a well-functioning development department.