A trustee is the person responsible for managing the assets of a trust according to the terms of the trust for the benefit of the trust's beneficiaries. When you create a revocable living trust, you will typically be the initial trustee and name three to four loved ones to act in succession as trustees if you are unable to do so due to death or disability. Our Bolingbrook will and trust lawyers explain the role of trustees in this article.

Read more from our Bolingbrook will lawyers explaining trustees and executors.

In this article, our Bolingbrook trust lawyers explain how to use wills and trusts to provide for your loved ones after you pass.  We explain what happens if you pass away intestate, meaning without a will or trust. We also discuss certain situations in which it is expecially important to have a will or trust, as well as long-term planning goals that trusts can accomplish better than wills.

Read the full article by our Bolingbrook will and trust attorneys explaining distribution of assets in an estate plan.

In this video, our special needs Bolingbrook attorneys explain how to use Special Needs Trusts, also known as Supplemental Needs Trusts, in order to allow disabled individuals to accumulate assets and income in excess of these amounts without reducing the amount of SSI benefits that they are eligible to receive. Typically a loved one will create the trust and serve as trustee, with the disabled individual being the beneficiary.  A bank account will then be opened in the name of the trust.