Tips From the Pros: Important Trust Trends

The year 2020 brought about several important trust trends, many of which have continued in 2021. The mortality concerns triggered by COVID-19 in 2020 resulted in many families finally formulating and executing their estate plans after long delays. In many instances, these plans had been in limbo for quite some time awaiting finalization and execution. In other instances, these plans were done very quickly. More than 500,000 individuals in the United States passed away from COVID-19, making