Trust can be an essential element in a successful relationship, but it can also be dangerous. Many people use trust as a way to justify their negative behavior, and it is important to learn how to recognize red flags of untrustworthiness before it is too late. Thankfully, there are a few simple tricks that can help you reset your trust-o-meter and evaluate someone’s true character.

Trustworthy people are consistent. They don’t change their stories and don’t leave out big pieces of information. They are also more likely to be willing to discuss difficult topics without being prodded. Trustworthy people also understand that it’s normal to disagree on some issues. They are not afraid to say what they think, but they will generally find common ground and respect the other person’s views.

Another key indicator of a person’s trustworthiness is how they treat others. For example, if they gossip about coworkers or behave rudely toward the waitstaff at a restaurant, this is a sign that they are not trustworthy. Similarly, if someone is trying to “gaslight” you by telling you that your beliefs are not valid, this can be an indication of an unhealthy and manipulative relationship.

In addition to these factors, it is also important to consider the cost of creating a trust. There are a number of ways to save money on attorney’s fees, such as using a site like FreeWill, but the cost can still be substantial depending on the type and value of assets included in the trust.

Lastly, it is important to make sure the trustees are well-trained and understand the terms of the trust so they are able to act appropriately in the future. A trustee is responsible for managing the Trust’s assets and distributing income to beneficiaries. The trust document can set up a schedule for the distribution of the income or allow the trustee to distribute the principal as they see fit. The Trust can also include a “pour-over” clause that allows the Trustees to pour over any funds left in a previous estate plan.

It is also important to note that a trust can be simple in some years and complex in others. A complex trust is a trust that distributes some of its principal each year and does not completely return the original investment to its owner at the end of the Trust term.

If you would like to discuss a trust strategy that would best suit your needs, please contact us for a consultation. The initial meeting is typically complimentary and will be charged at a later date once the documents are drafted.