Not long ago, the answer to this question was “no.” Prior to 2005, the law in Hawaii viewed pets simply as property. A person could...
The term family trust could refer to any trust whose intended beneficiaries are family members of the person who sets up the trust. That person is usually called the “settlor,” but the words grantor and trustor are also sometimes used.
Do I need a trust?
As usual, before I dive into a direct response, I need to know the reason behind the inquiry by answering the question with another question, “Why are you thinking about a trust?”