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Trust funds

Why Would People Create Trust Funds?

POSTED ON: November 9, 2023 BY: Kyle Krull
Trust funds and wills are both estate planning documents. The average person has likely heard of last wills and trust funds. Last wills receive attention as plot devices in books, television shows, and films. Trust funds are often mentioned when people discuss families with generational wealth, like the Rockefeller family. While these contexts can provide […]
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Discretionary trust

When Might a Discretionary Trust be Helpful?

POSTED ON: April 5, 2022 BY: Kyle Krull
A discretionary trust can protect against mismanagement of trust funds. Those who desire to avoid probate often utilize trusts in their estate plans. This is accomplished through retitling assets to the trust. Because the assets are not under your name, they are not included in your personal probate estate. According to a recent The Facts […]
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