Creditors may be able to make claims on revocable trusts. Many people believe trusts are a magical solution to their estate planning and financial fears.
It can be helpful to reduce the size of a probate estate. The probate courts exist to oversee the passing of property between people and
An irrevocable trust may not be able to escape the capital gains tax. Minimizing taxes is a common estate planning goal. Most people would prefer
Making a gift can trigger unintended consequences. Gift giving is an important part of many occasions and celebrations. People give presents at birthdays, weddings, milestone
Physicians should have estate plans. Doctors undergo long years of schooling and residency to practice medicine. This requires incredible focus and dedication. As they begin
A testamentary trust can be created after you die. Some people really like the idea of using a trust in their estate planning. The control
Transfer on Death accounts and trusts can be useful for assets bypassing probate. Not all assets are treated the same in estate planning. Some assets
Giving bank account access should be carefully considered prior to taking action. As children become adults, they get to know their parents in new ways.
A trust can serve several purposes in estate planning. When it comes to estate planning, trusts are versatile tools. Although many people consider trusts to
Married couples should weigh pros and cons of joint trusts and separate trusts. Perhaps you have been married for just a short time. Maybe you
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