A trust is a type of legal entity that can be created in accordance with your state laws to manage your assets. The person who creates a trust is called a grantor and they have the right to transfer ...
Estate planning attorneys recommend Revocable Trusts over Simple Wills. Trusts are more efficient ways to provide for your own benefit (1) in case you become incapacitated, (2) to transfer assets upon ...
No two families are alike or have the same concerns about their estate planning. But many common concerns can be addressed by properly drawn relatively simple trust provisions incorporated into a ...
Lots of people live together outside of marriage. And as marriage rates have declined, cohabitation rates have risen. While you might have love in your eyes, cohabitation can bring tax and legal risks ...
With the tax season fast approaching, clients may have questions about how their trust is taxed, who is responsible for tax filings or how trust income taxes get paid. Here are some answers to the ...
Q. My wife and I are in our mid-80s. We live on a modest pension and social security and do not spend our entire income. Our home is mortgage-free and we have what we thought would be a nest egg ...