Trusts

When planning your estate, choosing the right type of trust plays a significant role in how you distribute your assets and handle taxes. Trusts help you ensure that your wealth passes to the right beneficiaries, potentially avoiding probate and offering flexibility. ...

Irrevocable trusts provide strong asset protection when properly structured. Once assets are in an irrevocable trust, they are no longer considered your personal property. This separation makes it difficult for creditors to claim them to satisfy debts. However, the...

A spendthrift trust provides significant protection for beneficiaries who struggle with financial management. This type of trust allows a trustee to manage and distribute assets for the beneficiary, limiting their direct access to the funds. These restrictions prevent...

Charitable giving is an important aspect of many people's financial and estate plans. Individuals can use either revocable or irrevocable trusts to achieve their philanthropic goals.  Each type of trust has unique benefits and limitations that should be carefully...

An irrevocable trust is a powerful tool to consider for those looking to protect their assets and secure their financial future. Understanding its benefits and how it helps you maintain control of your assets can lead to more informed financial decisions. Asset...

Special needs trusts offer a powerful tool to provide financial support for a loved one with a disability. This trust is ideal when you worry about jeopardizing their eligibility for government benefits. It is important to understand how special needs trusts help...

Estate planning can help you secure your legacy and allow people to care for your assets. For those with a philanthropic spirit, setting up a charitable trust is a powerful way to make a lasting impact on the causes you hold dear. There are steps you can use to...