Is a revocable trust, testamentary trust or irrevocable life insurance trust right for you? (Don't know what any of those terms mean? Don't worry, here are the definitions, too.) Grantor retained ...
A trust can help minimize your taxes, protect your assets and spare your beneficiaries the hassle of probate court in the wake of your passing. A living, or revocable, trust can still have changes ...
The last two months, I wrote about types of trusts and what they are used for. This month I continue that series as we explore more. » A Qualified Domestic Trust is a trust that may be used when a ...
Trusts can be used to achieve a number of estate planning objectives if used appropriately and in the correct circumstances. Whether a trust should form part of your estate plan depends on a number of ...
Trusts are estate-planning tools, and like other estate-planning structures (like foundations or life insurance), a trust's structure will determine how assets are controlled, whether they're ...
Whether you’re looking to avoid probate, limit possible estate taxes or assume greater control over how your estate is distributed after you pass, there a number of benefits that adding a trust to ...
We seem to use the word “trust” as though it refers to just one thing. Perhaps the problem is that the English language has just one such term. Fortunately, Charles Feltman, in The Thin Book of Trust ...
A special-needs trust, sometimes called a supplemental-needs trust, is a trust designed to hold assets for the benefit of a person with disabilities or special needs. The trust is designed so that the ...
As the previous post noted, when determining if a trust or an estate should be considered as materially participating for Code Sec. 1411 purposes, the IRS’s position is that the only party whose ...