Yes, a trust’s situs can be in a different state than where you live, but only if the trust has a real connection to that state. Here is how trust situs, governing law and nexus work, what happens to real estate you own in another state, and how state income and estate taxes follow your trust.
“This selection does not apply to hospice care” does not cancel a Texas Medical Power of Attorney. Here is what the hospice language in the Texas Directive to Physicians really means, and what authority a healthcare agent keeps during hospice.
Pennsylvania’s Senate voted 47-2 for SB 738, which would let banks and credit unions temporarily hold suspicious transactions when they believe an older adult is being financially exploited. Here’s what the bill would do, what it would mean for families and agents under a power of attorney, and what to do now.
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