Setting up a trust can protect your hard-earned assets and benefit your loved ones exactly as you intend. It’s like building a secure foundation for their future. However, even with the best ...
A trust without assets is a worthless piece of paper. A trustee for a trust without assets is unemployed. PeopleImages / Getty Images/iStockphoto For 40 years I have reviewed trusts, and for 40 years ...
In Crummey v. Commissioner, 397 F.2d 82, 88 (9th Cir. 1968), the Ninth Circuit held that a gift in trust qualified for the gift tax annual exclusion because the trust's beneficiaries had the power to ...
Distributing inheritance can be a difficult process. Luckily, you can take steps so that the things you leave behind get ...
When you think about trust funds and managing inherited money correctly, it is hardly surprising to learn that different siblings can handle money differently. Money that is left from one generation ...