How Trusts Work-A Primer: A Useful Tool for Estate PlanningThis article discusses trusts, including their particular characteristics and components, such...Platt, Harvey J
Trusts can help minimize estate taxes upon your death. And justlike a will, they also ensure your assets are distributed according to your wishes. But trusts aren’t one-size-fits-all. Finding the right type of trust can make all the difference when it comes to protecting your assets—and...
Establishing a trust fund is a crucial aspect of estate planning and asset management for many individuals. Trusts offer numerous benefits, including control over asset distribution, privacy, and potential tax advantages. In this comprehensive guide onhow to start a trust, we'll explore key concepts...
Why would a small business owner want to set up a trust and how could it be used for estate planning purposes?Small Business:Small business means the organization which is privately owned by the people with an intention to make a profit. In the sma...
which is one of the premier estate planning and tax planning educational events held nationally each year. We have been utilizing this technique for years. For more information about how this works, please see my articleHow to Use Your Estate Plan to Save on Taxes While You’re Still Alive!
REIT: Real estate investment trusts (REITs) are companies that own, operate, or finance income-producing real estate and then collect rent, operating expenses, or interest payments from the properties in its portfolio and use those funds to pay dividends to shareholders. You can buy shares of ...
In this guide, ourTexas estate planning attorneyswill provide an overview of how to fund a living trust with various assets. We’ll discuss: How to Title Assets in Living Trusts Taxpayer Identification Number (TIN) in Living Trusts How to Fund a Trust: Titled Personal Property ...
Offers investment advice related to estate planning to individuals who are not considered wealthy. Traditional estate planning tools, including trusts; Comments from estate-planning lawyer and accountant James Lange, regarding the use of an immediate annuity instead of a spendthrift trust; Recommendations...
A trust fund is anestate planningtool that holds property or assets for a person or an organization. Trust funds are sometimes simply referred to as "trusts." They can hold a variety of assets such as money, real property, stocks, bonds, a business, or a combination of many types of pr...
Offspring can receive an advance on their inheritance, but at a lower tax burden than they otherwise would have had to pay on theirincome taxes, and the overall value of a parent's estate is reduced, resulting in an eventual lower estate tax when they pass away. The ability to discount t...