trust creation and administration Archives

Building trusts for cy pres evaluation

Planning for the management of a sizable estate in Pennsylvania might well include establishing a charitable trust. This is a noble gesture as well as a potential tax relief. However, one must typically understand the way the court is involved in the maintenance and re-evaluation of trusts in order to ensure the longevity of the charitable pursuit.

The perils of naming a family member as a trustee

Pennsylvania parents want to do all they can to make sure their children’s trust is well administered and that their children will successfully inherit the assets in the trust. Some adults may decide they cannot trust anyone but family to be a trustee, and put one of their own siblings in charge of the trust. However, this actually can be a bad idea and invite more trouble than it is worth.


John A. Cochran, Esquire
140 S. Main St.
Suite 301
Greensburg, PA 15601

Phone: 724-216-0704
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