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revocable trust

What are Primary Testamentary Estate Planning Documents

When someone dies, one of the first questions the attorney will ask is what primary estate planning instrument the decedent had in place. Read more

How Does an Inheritance Trust Work

Inheritance trusts take on critical importance in wealth management, particularly for multi-generational families. Read more

Do I Have to Pay Taxes on Trusts

Trust distributions might be taxable, with the tax liability potentially varying based on factors, such as the type of trust, the kind of distributions and a beneficiary’s tax bracket. Read more

Revocable Trusts Make Sense for Retirees

If you plan to pass assets through a will, just remember that most of the time, that will becomes public once the probate estate is closed. Therefore, if you left one of your children out, left your favorite a bit more or are just a private person, you may be better off with a trust. Read more

Pour-Over Will

For those who want to avoid the court-controlled process that takes place after a person’s death (known as ‘probate’)—using a Revocable Living Trust is typically the best way to do so. Read more

Which Trust Revocable or Irrevocable

There are important differences between the two types of trusts, including the amount of control you’ll have over your assets. Read more

What Should I Know About Living Trusts

Whether you’ve examined your options for passing along your wealth or not, you probably know that there are a number of different possibilities when it comes to managing your wealth and handing it down to the next generation. Read more

Family Trust

Unless you’re a member of the Addams family, thinking about death probably isn’t your favorite afternoon activity. However, not thinking about it can cause even more pain when death ultimately does come knocking. Read more

Limited Liability Company

To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business. Read more

Protect Your Elderly Parents from Scammers

Scam artists often target older adults, partly because they have amassed greater wealth. Read more