Search Results for: "Trusts"
Credit Shelter Trusts Aren’t Just for the Super Wealthy
Credit shelter trusts are a way to take full advantage of state and federal estate tax exemptions. Although such trusts may appear…
Exploring the Benefits of Living Trusts for Seniors
Unfortunately, seniors are highly vulnerable to financial abuse and scams, often falling victim to exploitation by both strangers and, distressingly, even their…
How to Give Your Pet the Best Life Possible with Pet Trusts
Pets provide much joy and comfort to their owners. Your pets are probably be considered valuable members of your family. Since you…
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…
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…
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 –…
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…
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…
How Your Estate Is Taxed, or Not
Congress sets the amount that an individual can transfer tax-free either during life or at death. The current estate tax exemption is…
Durable Power of Attorney: A Key Estate Planning Document
For most people, the durable power of attorney is the most important estate planning document available. What Is a Power of Attorney?…