Does Your Revocable Living Trust Reduce Your Federal Estate Tax Bill?
Many believe that once they set up and fund a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In reality, a ...
Estate Planning Basics for Newlyweds: How to Prepare for the Unexpected
Getting married is a special time in your life; you may have a beautiful wedding, a fun reception (with a delicious cake and special gifts), and a romantic honeymoon. It ...
Enriching Life with a Third-Party Special Needs Trust
A special needs trust (SNT) allows an individual to provide for a beneficiary without jeopardizing the beneficiary’s eligibility for needs-based government benefits. SNT funds can generally be used to pay ...
What Is a General Power of Appointment?
Your family, the economy, the law, and society can change rapidly and unexpectedly, affecting your best-laid estate plans in unpredictable ways. To achieve your estate planning goals, you need a ...
Red Flags When Hiring a Professional to Be Your Trustee
Red Flags When Hiring a Professional to Be Your Trustee When you form a trust as part of your estate plan, one of the most important decisions you will make ...