Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. So you’re married. You received a gift from Aunt Jane while she was ...
Clients with many assets often worry if these will be distributed according to their wishes after they die. When it comes to estate planning, the subject of setting up a trust is bound to be raised by ...
Joint revocable trusts, which are common in community property states like Texas, are the subject of ongoing debate. Courtesy / Getty Images/iStockphoto Revocable living trusts are often used as an ...
Editor’s note: This is part three of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for ...
Revocable trusts can be altered anytime but don't protect assets from estate taxes or creditors. Irrevocable trusts lock assets away, shielding them from taxes and legal claims. Irrevocable trusts do ...
The revocable living trust is also known as a living trust or inter vivos trust and serves as a flexible estate planning instrument, taking effect immediately after its creation. This means that ...
All trusts are not created equally; there are many different types used for a variety of purposes. Two common types of trusts in estate and asset protection planning are revocable and irrevocable ...
A revocable living trust can help you protect privacy, avoid probate and protects you in case of incapacitation. But you will also have some limitations. That's because revocable living trusts can be ...
We are often asked how to best own rental real estate. The answer is “not in your personal name, and not in the name of a Revocable Trust or Land Trust that is considered to be owned by you for state ...
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