If you live in one of the following 10 states or Washington, D.C., common law marriage is legal. You must live together as if ...

Under common law, married couples generally own assets either jointly or individually. When the first spouse dies, assets in the decedent spouse’s name, or in the name of a revocable trust ...

Purpose trusts are different from ordinary common law trusts because they have no ascertainable beneficiaries who have standing to enforce the trustee’s fiduciary obligations. Instead of serving ...

The court observed: "We have often noted that an ERISA fiduciary's duty is 'derived from the common law of trusts.' " In its opinion, the court relied heavily on the Restatement and the UPIA ...

Revocable trusts are much more common than irrevocable trusts because they provide many important estate planning benefits. Revocable trusts are more flexible than irrevocable trusts — the ...

Lead writer for the Fiduciary Litigator blog, David F. Johnson, presented “Trust Modifications and Reformations in Texas” at ...

Trusts are common, but there are numerous variations ... Most living trusts and most irrevocable trusts are domestic, meaning U.S. law controls. If the trust is foreign, many complex rules ...