Estate Planning
Plan for your future today. Learn the specific estate planning documents you need to protect yourself and your loved ones.
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Living Trust: Trustor vs. Trustee
Are you thinking about setting up a living trust? If so, you need to understand the difference between the trustor and trustee, how the two are related, and the role of each.
· 3 min read
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How to Handle an Inherited 401(k)
Have you inherited a 401(k) plan? Understanding the various considerations involved can help minimize your tax liability and maximize your inheritance.
· 4 min read
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Why You Should Consider Creating a Testamentary Trust
Testamentary trusts are common estate planning tools for those with minor children. Find out whether this type of trust is right for your situation and how to go about setting one up.
· 4 min read
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Using an Intentionally Defective Grantor Trust to Protect Your Assets
An intentionally defective grantor trust (IDGT) is an estate planning tool that can help preserve your assets for your beneficiaries. Get the details on how they work—and how they might save your beneficiaries from paying exorbitant estate taxes.
· 4 min read
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Getting and Using Letters Testamentary
If you're acting as the executor of an estate, you must first obtain an important document known as letters testamentary. While doing so is not an overly complicated process, there are some points you should know.
· 3 min read
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Creating a Grantor Trust
In certain situations, creating a grantor trust can be an invaluable aid for estate planning purposes. Find out how to create a grantor trust and whether such a trust is the best tool for your estate planning needs.
· 4 min read
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Buying and Selling Probate Property
Probate property sold to settle an estate can be a great opportunity to buy real estate at an attractive price. Find out how and when probate property is sold and how to take advantage of it.
· 3 min read
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Pros and Cons of a Qualified Personal Residence Trust
A qualified personal residence trust, or QPRT, can provide estate and gift tax savings, but they also can be complicated to set up and maintain. Learn more about how a QPRT works, and whether it fits your estate plan.
· 3 min read
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Pros and Cons of an Asset Protection Trust
Is an asset protection trust right for you? Find out what situations are best for such a trust and how this legal arrangement can assist in your estate planning goals.
· 4 min read
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Trust Account Basics
Trusts often play an important role in the estate planning process. But is one right for your particular situation?
· 4 min read
