Your trust can be the most important part of your Oregon estate plan. But when abuses, lawsuits, or improper setup cause trust problems, the fallout could wreck your trust and your entire estate. Fortunately, many problems with Oregon trusts are avoidable and preventable. Let’s look at some possible trust pitfalls. 1. Incorrect, improper, and/or inconsistent trust setup Trusts are legal instruments that provide mechanisms for asset ownership, protection, and distribution. If they’re not set up properly, the trust may not be legally valid, and the trust may fail to fulfill your wishes for asset management or distribution. What to do? … Continue reading When trusts go bad: 7 trust problems that wreck estate plans