by Christine | Dec 15, 2014 | Asset Protection, Estate Planning, Estates, Inheritance, Living Trust, Tax Planning, Trusts |
Irrevocable trusts, which are virtually unchangeable once established, have decreased in use, but revocable trusts, over which the grantor retains control, still flourish. A recent Cincinnati.com article, titled “Trusts remain useful tool in estate planning,”...
by Christine | Dec 8, 2014 | Asset Protection, Beneficiary, Elder Law, Estate Planning, Estate Tax, Inheritance Tax, Living Trust, Probate, Trusts, Wills |
By keeping even modest sums of money protected, trusts can ensure that your wishes for your money will be honored into the future. A recent article by the Motley Fool,titled "5 Things You Didn't Know — but Should! — About Trusts," sheds some...
by Christine | Dec 5, 2014 | Asset Protection, Conservatorships, Cost Basis, Estate Planning, Estates, GRATs, Guardianships, Inheritance, Living Trust, Power of Attorney, Probate, Tax Planning, Taxation, Trust Taxation, Trusts, Wills |
“Income-tax rates are going up so it becomes more expensive for a grantor to maintain the grantor trust status of a trust they’ve set up,” says Lynn Halpern Lederman, managing director and senior fiduciary counsel – Northeast Region at Bessemer Trust, a New York firm...
by Christine | Nov 28, 2014 | Asset Protection, Conservatorships, Estate Planning, Estates, Inheritance, Living Trust, Probate, Tax Planning, Trusts, Wills |
Schwab-Pomerantz and Cuthbertson, who is publishing director at Schwab, have put together a comprehensive guide that will help you plan for retirement. If you need to plan for your retirement, you may feel overwhelmed to even start the process. What steps do you need...
by Christine | Nov 24, 2014 | Asset Protection, Estate Planning, Executor, Inheritance, Living Trust, Probate, Tax Planning, Trusts, Wills |
A revocable living trust is similar to a will in that it indicates how you would like your assets to be distributed after your death and can be amended anytime. While you should always have a will, a living trust—which is simply a trust set up during your...
