Trusts and Trustees. With David Hobbs Show Notes Episode 17: Trustees are named or appointed to hold the assets that are named in a trust. An example of a trustee is the executor of a will. A participant in a trust is a beneficiary. A settlor is the person who initially …
Hobbs Giroday Podcast Episode 16
Designated Beneficiaries. With David Hobbs Show Notes Episode 16: In a will, the people who receive gifts are referred to as beneficiaries. Designated beneficiaries are people who are named in other documents who will receive a benefit. An example of ‘other documents’ is a li …
Hobbs Giroday Podcast Episode 15
The Formality and Essential Validity of Wills. With David Hobbs Show Notes Episode 15: Formal validity refers to how a will was executed. Usually if there is an issue it is regarding how a will was signed and witnessed. Essential validity has to do with whether the will maker …
Hobbs Giroday Podcast Episode 14
Wills and Estates: Conflict of Interest With Ian Giroday Show Notes Episode 14: There are many facts that will have a bearing on the merits of any concerns of conflict of interest. There are mechanisms available to challenge what the executor or administrator is saying or doing. …
Hobbs Giroday Podcast Episode 13
A Further Look at Negligence With David Hobbs Show Notes Episode 13: Concept of negligence is that you can be liable for causing harm or financial loss or injury, even if there is no contractual relationship. The Courts over the years have established the notion of duty of care …