Related Definitions
What is Accumulation Trust?
A trust in which income is accumulated rather than distributed to beneficiaries, allowing the trustee to retain income for future use.
A type of trust in which the trustee is not required to distribute income to the beneficiaries immediately. Instead, the trustee can accumulate the income and distribute it later, often at specific ages or milestones. This type of trust is beneficial for long-term financial planning or for protecting assets for beneficiaries who may not yet be capable of managing large sums of money on their own.
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Related Articles
Insights and advice on trust and probate estate litigation from our blog.
- Trust & Will Contests
- 16 min read
- Published on
Key Takeaways Introduction A no-contest clause is a legal mechanism used to protect trusts and wills against frivolous or unwarranted disputes. In many estate [...]
Key Takeaways Introduction A no-contest clause is a legal mechanism used to protect trusts and wills against frivolous or unwarranted disputes. In many estate […]
- Inheritance Disputes
- 18 min read
- Published on
Key Takeaways Introduction Unfortunately, the process of having to sort through an inheritance often brings out the worst in people. As if losing a [...]
Key Takeaways Introduction Unfortunately, the process of having to sort through an inheritance often brings out the worst in people. As if losing a […]
- Probate Litigation
- 19 min read
- Published on
Key Takeaways Introduction One of the most frustrating aspects for families navigating probate is that every probate case is different, and it can be [...]
Key Takeaways Introduction One of the most frustrating aspects for families navigating probate is that every probate case is different, and it can be […]
- Trust Litigation
- 13 min read
- Published on
Key Takeaways Introduction Narcissists thrive off of manipulation and control, often seeking power for themselves, which can create a terrible formula when you introduce [...]
Key Takeaways Introduction Narcissists thrive off of manipulation and control, often seeking power for themselves, which can create a terrible formula when you introduce […]
- News
- 2 min read
- Published on
Scott Rahn was featured in USA TODAY in an article examining the rising legal costs and disputes associated with inheritances. As the largest intergenerational [...]
Scott Rahn was featured in USA TODAY in an article examining the rising legal costs and disputes associated with inheritances. As the largest intergenerational […]
- News
- 2 min read
- Published on
Scott Rahn was recently quoted in CNBC in an article examining the growing trend of “givers’ regret” among high net worth individuals and families. [...]
Scott Rahn was recently quoted in CNBC in an article examining the growing trend of “givers’ regret” among high net worth individuals and families. […]
- Trust Contests
- 17 min read
- Published on
Key Takeaways Introduction A trust contest is a legal challenge to the validity of a trust, but it is likely to be unsuccessful unless [...]
Key Takeaways Introduction A trust contest is a legal challenge to the validity of a trust, but it is likely to be unsuccessful unless […]
- Conservatorships
- 22 min read
- Published on
Key Takeaways Introduction When you have a family member who is no longer functioning at their full mental capacity or is unable to make [...]
Key Takeaways Introduction When you have a family member who is no longer functioning at their full mental capacity or is unable to make […]
- Trust Administration
- 18 min read
- Published on
Key Takeaways Introduction A trust protector is a third-party individual who is given expanded powers over the management of a trust by the trust’s [...]
Key Takeaways Introduction A trust protector is a third-party individual who is given expanded powers over the management of a trust by the trust’s […]
- News
- 2 min read
- Published on
Trust and estate litigation law firm RMO LLP announced that Tara R. Burd has joined the firm as a Partner and will serve as [...]
Trust and estate litigation law firm RMO LLP announced that Tara R. Burd has joined the firm as a Partner and will serve as […]
- News
- 2 min read
- Published on
Trust and estate litigation law firm RMO LLP announced that it has elevated attorney Matthew A. Bourque to Partner, where he will serve as [...]
Trust and estate litigation law firm RMO LLP announced that it has elevated attorney Matthew A. Bourque to Partner, where he will serve as […]
- Inheritance
- 3 min read
- Published on
The recent tragic deaths of filmmaker Rob Reiner and his wife, Michele, allegedly at the hands of their son, brings attention to the issue [...]
The recent tragic deaths of filmmaker Rob Reiner and his wife, Michele, allegedly at the hands of their son, brings attention to the issue […]