Considering using a trust in your estate planning? If you are an Alabama resident who is planning on utilizing a trust or if your plans already include a trust, an informative article, written by the law firm of Baker, Donelson, Bearman, Caldwell & Berkowitz, PC, a law firm with 530 attorneys and public policy and international advisors in offices located in five states in the southern U.S. as well as Washington, D.C., should be required reading. The article lists and explains recent changes Alabama's trust laws, changes which are included in Alabama's version of the Uniform Trust Code, and discusses the practical implications of those changes.
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