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286 items found for "irrevocable trust"
- DEALING WITH THIRD-PARTY TRUSTS IN DIVORCE
The importance of protecting assets through trust can’t be overstated. We’ve often written about this in the context of the value trust creation delivers in terms of providing Third-party trusts might well be a factor in such cases. In the event of a divorce, it has been known for the assets of such trusts to become the focal point Under most conditions, trust money that is brought to a marriage by one spouse or the other tend to be
- The Importance of Beneficiary Designations
However, if you have a trust created as a part of your estate planning strategy, the trust may be a beneficiary That’s because there’s a difference in tax treatment of living persons vs. trusts.
- Look out: Medicare Changes on the Way!
However, the trust fund that finances Medicare’s hospital coverage is fully funded until 2028—that’s The 0.2% COLA that the trustees project for 2017 still could change with inflation.
- Houston Estate Lawyer: 3 Talking Points to Help Your Reluctant Spouse Get Serious About Estate Plann
guardians named who can care for your kids if you die while they are still young, or appoint someone you trust
- The Future of GRATs After November’s Election
Future of Popular Estate-Planning Tool May Hinge on Election,” discusses the grantor retained annuity trust With a GRAT, assets that are expected to appreciate are transferred to the trust for a retained annuity When the trust expires, any remaining assets left after the annuity is paid are given to the beneficiaries In a grantor retained annuity trust, if the assets produce a return in excess of the tax code Section
- THERE MAY BE VALUE CREATING A TRUST, EVEN WITH MODEST ASSETS
These days there may seem to be fewer reasons for establishing trusts. Setting up a trust, administered by a trustee, allows for greater control over asset distributions. A trust could receive third-party contributions that can help the special needs person. Another plus with trusts is that if they are properly structured, they can adapt. Tax and trust laws do change over time and a trust needs to have flexibility to change with them if necessary
- Protecting the Vulnerable: Texas Laws Concerning Guardianship
with guardianship are numerous and complicated so it will be necessary to engage the services of a trustworthy
- Don’t “Just Wing It” When it Comes to Retirement Planning
A properly created trust will help to avoid probate for the assets in that trust.
- Estate Planning Mistake No. 122: Neglecting Beneficiary Designations
They think their will or living trust controls their distribution. Classic estate planning mistake. of your non-probate assets every few years; and make sure the beneficiaries of your will and living trust
- Make a Charitable Donation in Your Will and Watch It Work
stock can be transferred to the charity by arranging it with the broker or by doing so in a will or trust
- Another Young Actor Dies Without a Will
Signing a POA lets a trusted person have a voice ahead of time.
- Get the Whole Family Involved with Estate Planning!
like a durable power of attorney, the executor of your estate, and the status of your will and living trust
