A credit shelter trust is set up so that when one spouse dies, the trust property can be used by the surviving spouse, and the surviving spouse can receive income from the trust's assets, but the property passes to other familial beneficiaries—usually children—federal estate tax-free up to...
Living Trusts help distribute assets quickly and privately. You can easily make an Irrevocable or Revocable Living Trust with us.
Many tend to delay implementing a living trust for years — even after they have already decided they should have one. This occurs for a myriad of reasons – natural human procrastination; the mistaken belief that it is very involved; they can’t quite make up their minds on a few points...
You're a married couple and want to have one joint living trust to controlled both spouses' assets. You and your spouse want to avoid going to probate court should one spouse pass away. You both want to designate the persons or organizations that will receive your assets after your death....
However, non-borrowing spouses aren’t allowed to receive any additional payments after the borrower dies. This rule makes it easy for surviving, non-borrowing spouses to effectively outlive the reverse mortgage proceeds. The surviving spouse may be able to sell the house and pay off the reverse...
A dangerous trend is the first executive team being pastors across the country but the congregation doesn’t know them or trust them. Life eldership is hard because you have the guys who were there before you and plan to be there after you. Rotating eldership brings new vision. CCV ...
A revocable trust determines how the grantor's property is managed and distributed both while he is alive and after his death. However, the grantor retains the right to amend or even end (revoke) the trust. However, this type of living trust doesn't protect the assets against the grantor'...
One benefit of AB Trust planning is that both spouses can make use of the Exemption Equivalent Amount, thus taking advantage of a significant tax savings, and also to insure that the decedent's wishes are complied with by the surviving spouse.. ...
and not end up with some stranger who you did not even know before the time of your death. Married couples often make a huge mistake thinking that their estate is secure for their next generation without a trust in place. The truth of the matter is that once the first spouse dies, if...
So why would He not do anything and everything He can to reach us; to touch our heart one last time and give us that final chance to love and trust Him as Lord. And that’s exactly what I believe happens in those final moments if someone is not in a place of believing. That in...