A Beginner's Overview of International Trusts
PURPOSES OF AN INTERNATIONAL TRUST
There are two main purposes of an international trust for U.S. citizens. The first is to combine domestic and offshore assets into a unified estate plan with a common trustee and set of instructions. The second use of interantional trusts is for... more...
Six Claims You Should Be Wary of Regarding “Living Trusts”
False Claims About the Probate Process. Some companies use advertising slogans such as “The Choice is Yours: Sacrifice Money to the State or Protect Your Loved Ones.” These companies may exaggerate more...
The Seven Components of Your California Estate Plan
Revocable Living Trust A living trust, also known as a Revocable Living Trust or a Family Trust, is a legal document that holds title or ownership to your real property and assets. In the event of y more...
Five Concerns of Estate Planning Clients
Minor Children Parents of minor children want to make sure that responsible parties are prepared to step in and raise their children if they cannot. They will want to appoint a Guardian of the Perso more...
Three Famous Estates Gone Awry
Marilyn Monroe When Ms. Monroe passed away, she left a $1.5M estate. Administration of her estate took 18 years, cost $1,000,000 in fees. After payment of her $400,000 in debts, only $100,000 of th more...