Trusts

Estate planning is making a plan in advance, naming the people or organizations you want to receive the things you own after you die, and taking steps now to make carrying out your plan as easy as possible later.

Learn how a charitable remainder trust allows you to secure lifetime income, save taxes, and benefit charities.

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Contrary to what you have probably heard, a will may not be the best plan for you and your family. That is primarily because a will does not avoid probate when you die.

Learn about the duties and responsibilities of a trustee and what needs to be done at the grantor's incapacity and death.

If some or all of your estate bypasses your children and goes directly to a grandchild, your estate could have to pay a tax called the generation-skipping transfer (GST) tax.

There are several options for who can be named as your successor trustee. Knowing the responsibilities of a successor trustee can help you make the best decision.

Understand how to fund your living trust by learning why and how to transfer your assets to your revocable living trusts.

Understand corporate trustees and learn seven reasons why you should have a professional help you build, manage, and protect your wealth.

The estate planning needs of same-sex couples are not much different from those of opposite-sex couples. Learn the three estate planning steps to take now.

A basic estate plan is essential for everyone. At a minimum, everyone should have three estate planning items in place: an up-to-date will or trust, a durable power of attorney, and updated beneficiary forms.

An estate plan, properly executed, can protect you as well as your family in the event of sickness, accidents, or untimely death. This eight-point checklist can help determine whether your estate plan needs help.

Almost everyone has some kind of retirement account—whether a 401(k), IRA, or pension—so proper estate planning for these funds is essential.

Careful estate planning can ensure that inherited IRAs remain safe from your beneficiary’s creditors. In most cases, establishing a standalone retirement trust will protect your assets without restricting your beneficiary’s access to them.

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Here are some of the more common reasons why we procrastinate about estate planning—and some information that just might get you moving.

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There are many misconceptions about living trusts, including that they are only for wealthy people. Learn the facts behind these common misconceptions.

A properly prepared and funded living trust has many benefits, including avoiding court interference at death and incapacity. Here are five of the most common mistakes.

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A revocable living trust does not do the following: control medical decisions, protect assets from creditors, help you qualify for Medicaid, or affect your income taxes during your lifetime.

A living trust that has been properly prepared and funded with your assets can provide many benefits for you and your loved ones.

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Trust funding is the process of transferring ownership of your assets from you to your trust. Learn more about this process and how it fits into your estate plan.

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When you establish a living trust, you name someone to be the trustee. Learn about the options you have for who you can name as your living trust trustee.

The type of trust that will protect your assets from creditors is an irrevocable trust. Another type of trust, a revocable living trust, will not protect assets from creditors.

For family business owners, estate planning is crucial to the success of the business. If you have not already drafted an estate plan that includes the succession of your business, begin today.

Joint accounts are a popular estate planning option because they allow the quick transfer of assets after the death of one or more of the joint owners.

Because your successor trustee should be someone you know and trust, many people name one or more of their adult children in this position.

What is a living will vs a living trust? They are very different documents and do very different things. This article will help you understand the difference.

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Trusts come in many different varieties and serve a multitude of different purposes. Some of those are Revocable and Irrevocable Trusts, Credit Shelter Trusts, and Irrevocable Life Insurance Trust.

Without proper parental estate planning, a disabled child who is unable to live independently may be left extraordinarily vulnerable.

Estate planning issues for unmarried partners to consider for after death estate planning.

What to consider when you are thinking of disinheriting your child.

Learn about the several options available when considering how to leave assets to adult children.

Learn about what changes to your estate plan should be completed and considered when planning for your divorce.

Most people don't think about how to hold title until the title company poses the question when you buy or refinance. Learn the most common ways to hold title to real estate.

A pour-over will is necessary in the event that you do not fully or properly fund your trust.

Rules from the FDIC clarify how you can ensure maximum FDIC insurance coverage. You may need to modify your planning to take advantage.

Learn how Grantor-Retained Annuity Trusts (GRAT) work and the advantages of GRAT planning.

Trusts can provide significant advantages to those who utilize them, particularly in protecting trust assets from the creditors of beneficiaries.