Search Results for: "Trusts"

June 1, 2023

Understanding Grantor-Retained Income Trusts

Many people seek strategies for wealth transfer and estate planning that preserve their assets and allow them to reap financial benefits while…

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June 2, 2022

You Can Provide Income to Your Heirs From Charitable Trusts

A charitable trust is an irrevocable trust that provides income to heirs while benefiting you or a charity. If you are philanthropically…

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November 18, 2021

A Guide for Understanding Irrevocable Trusts

A client asked us this interesting question: After my brother died, he left money in a revocable trust for my children –…

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September 2, 2021

A Guide for Understanding How Pet Trusts Work

Hotel heiress Leona Helmsley left a trust fund for her Maltese dog named “Trouble” to the tune of $12 million dollars in…

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June 2, 2021

Discerning Wills and Trusts

There are different benefits to using both wills and trusts for estate planning purposes. Each state has specific laws and regulations governing…

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May 18, 2023

An Overview of Estate Taxes

Estate taxes are imposed in the US on assets transferred from a deceased individual’s estate to his or her heirs. An estate…

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May 11, 2023

Choosing to Do Your Own Estate Planning Can be Risky

You may think creating your estate plan with do-it-yourself documents will save you cash. However, it can be costly in the end,…

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May 4, 2023

Your Children and Inheritance Conversations

You can influence your adult children’s decision-making process by managing expectations regarding their inheritances as they form their financial plans and knowing…

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April 27, 2023

The Wealth Transfer Strategy

Assets or wealth are transferred from one person or entity to another via wealth transfer. The transfer can happen either during your…

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April 13, 2023

Death With a Will versus Death Without a Will

We don’t want to think about death, especially our own death. Add to that the question of what will happen to our…

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