Tag: Irrevocable Trust

We Want to Draft Your Legacy

Can Trusts Help Create Wealth?

August 18, 2022
One type of trust, the qualified perpetual trust, can be used to pass assets down to your beneficiaries, decade after decade.
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How Do I Create a Trust Fund?

June 8, 2022
Trust funds are an important estate planning tool. They can protect your assets while you’re alive and help ensure that you leave money to your children or other loved ones after you die.
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Is Putting a Home in Trust a Good Estate Planning Move?

May 26, 2022
Homes are illiquid assets that produce no income and come with ongoing costs for upkeep. Those issues can cause some snags with your trust.
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Is Bitcoin Part of an Estate?

May 9, 2022
Have you thought about what will happen to your Bitcoin when you die? For many of us, the thought has at least crossed our mind.
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Do You Need a Revocable or an Irrevocable Trust?

March 24, 2022
There are two main kinds of trusts: revocable trusts and irrevocable trusts.
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What Is a Revocable Trust and How Does It Work?

March 23, 2022
Trusts are often associated with the rich. However, the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
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Do You Have to Go through Probate When Someone Dies?

February 21, 2022
The law requires probate for a good reason. If a person dies, probate ensures that the property goes to the people who are supposed to inherit it.
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Should My Trust Name a Corporate Trustee?

January 19, 2022
Revocable Living Trusts have become a widely used estate planning document, providing a path to managing assets, avoiding probate and gaining privacy at the settlement of an estate.
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Why Should I Name a Beneficiary?

January 18, 2022
Lewis established an irrevocable trust, in which he named ‘his son’s spouse’ as a beneficiary. At the time Clark, the son, was married to Vivian.
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Can You Refuse an Inheritance?

December 17, 2021
What happens if you are named an heir in an estate but you don’t want it? Does it go the person’s children if you reject the inheritance?
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