Re-engineering the Irrevocable Trust - Irrevocable, the word means not amended, modified or revoked after formed. So you get the point of an irrevocable trust. But there is actually some flexibility. Here are some examples: To comply with changes in federal law or other laws. This is typical in …
Trusts
All About The Most Popular Estate-Planning Trusts
by Bob Carlson, senior contributor to Forbes Magazine Here’s What You Need To Know About The Most-Popular Estate Planning Trusts - Trusts are an essential part of most estate plans, even the plans of people with moderate wealth. You need to know the basics of trusts, especially the key terms and …
[Read more...] about All About The Most Popular Estate-Planning Trusts
Wills and Trusts: Challenging Their Provisions
Wills and Trusts: Challenging Their Provisions - Emotions run high after someone dies, and that's when resentments can surface. Disappointed heirs may want to challenge the final wishes of the deceased. If they want to proceed, they need to do so on the basis of one of four legal grounds: Undue …
[Read more...] about Wills and Trusts: Challenging Their Provisions
How Are Trusts Taxed?
How Are Trusts Taxed? - A trust can be a powerful estate-planning tool, but contrary to popular belief, trusts do not make all taxes disappear. The families who set them up still need to consider tax consequences. To start with, trust beneficiaries typically need to pay tax on the interest income …
A Quick Introduction to Trusts
A Quick Introduction to Trusts - You may be thinking of creating a trust to help manage your assets — or maybe you don't even know how a trust could help. Here is a basic overview of trusts: A trust is created by you, the grantor. You write the rules governing how the trust will operate — what it …
Office hours
Map
The information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. The information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.