Trusts Legal Guides (87 found)

Written by Robert Jeffrey Mueller
How to use existing federal tax rules to elect for a stretch/inherited IRA instead of setting up an inflexible and costly IRA Conduit or management trust. A stretch IRA is not an IRA. It is a tax-advantaged method of distributing your retirement account at death to your heirs over their lifetimes.
Posted 6 months ago in Estate Planning. Jurisdiction: Federal

Written by Kevin L Von Tungeln
When doing estate planning, California consumers should beware of “Living Trust Mills” because they may actually be a scheme represented by salespeople posing as “living trust experts.” These alleged experts sell annuities and other investments under the guise of helping with an individual’s living
Posted 6 months ago in Wills / Living Wills. Jurisdiction: California

Written by Michael Lewis Van Cise
This legal guide gives a brief overview of dynasty trusts. The legal guide discusses what a dynasty trust is, state law limitations on trusts, as well as taxation of such trusts.
Posted 4 months ago in Estate Planning.

Written by Keenan M. Post
When you create your revocable trust only half of the job is complete, the most important part, or an equally important part, of a good estate plan involving a trust is making sure you transfer all of your assets to the Trust so that the Trust controls disposition of those assets on your death.
Posted 4 months ago in Estate Planning. Jurisdiction: Federal

Written by Jeffrey Lawson Baxter
An Irrevocable Life Insurance Trust or ILIT has four (4) unique elements of life insurnace, in the context of estate planning, that make it an attractive investment.
Posted 3 months ago in Estate Planning. Jurisdiction: Federal

Written by Jeffrey Lawson Baxter
The principal goal of an Irrevocable Life Insurance Trust (ILIT) is to remove the life insurance proceeds from the insured's gross estate for federal estate tax purposes. For a Grantor to successfully remove transferred property (such as an existing life insurance policy or cash to fund an ILIT.
Posted 3 months ago. Jurisdiction: Federal

Written by Jeffrey Lawson Baxter
Life Insurance has "most favored tax" with Congress. No other investments provides the benefit that life insurance provides. As a matter of policy, Congress has decided that life insurance is critical to protecting America's families. Irrevocable Life Insurance Trusts helps by:
1 of 1 users found this helpful. Posted 3 months ago in Estate Planning. Jurisdiction: Federal

Written by Darlynn Campbell Morgan
A Will is a legal document that tells a Court how you want your assets to be distributed after your death. If you have over a certain amount of assets (varies by State), it requires the Executor to go to Court and get an order from the Court to distribute your assets using a process called Probate.
Posted 3 months ago in Wills / Living Wills. Jurisdiction: California

Written by Fred S. Steingold
An increasing number of couples are putting their homes in a living trust. Here are some questions and answers about this process. Your lawyer can address your specific situation.
Posted 2 months ago in Estate Planning.

Written by Ignacio Pinto-Leon
When to hire an attorney licensed to practice in Mexico? When (1) a family member is charged with a criminal offense in Mexico; (2) acquiring real estate in Mexico, (3) having to prove Mex. law in a US court. Most Mexican attorneys live south the border; there are a few of us working within the US.
4 of 4 users found this helpful. Posted 2 months ago in International Law.

Written by Jeffrey Lawson Baxter
The trustee of a Land Trust holds full legal and equitable title to the real estate, but the complete management of the property plus full power to direct the trustee with respect to the title is in the beneficiaries
Posted 3 months ago in Real Estate. Jurisdiction: Federal

Written by Henry Daniel Lively
This guide discusses the use of a trust to maintain separate property.
Posted about 1 month ago in Estate Planning. Jurisdiction: Federal

Written by Henry Daniel Lively
Are you or your spouse non-U.S. Citizens? Then you may need a QDOT (Qualified Domestic Trust). This guide discusses what a QDOT is and when you need one.
Posted about 1 month ago in Estate Planning. Jurisdiction: Federal

Written by Lucreita D. Becude
Wills and Trusts are an essential part of estate planning. Depending on the assets you hold, will determine the extent of your needs.
Posted 26 days ago in Estate Planning. Jurisdiction: Florida

Written by Paul Arnold Nidich
Special Needs Trusts are important devices that, if properly drafted, allow a disabled individual receiving government benefits, to continue to receive those benefits. The trust is allowed to pay for expenses to supplement the government benefits.
Posted 23 days ago in Estate Planning.

Written by Michael Schroer
If a family member has made a living trust part of his or her estate plan, you may be called upon to administer or manage the trust. This happens if the trust names you as Successor Trustee. Here are a few of the things you need to know.W
Posted 9 days ago. Jurisdiction: Federal

Written by Henry Daniel Lively
This guide discusses whether you need an Irrevocable Life Insurance Trust
Posted 9 days ago in Estate Planning. Jurisdiction: Federal

Written by David M. Frees III
If you are concerned about a married child getting divorced and the divorce impacting an inheritance consider the following options: Use of Beneficiary Trusts Letters of Instruction Pre/Post Nuptual Agreements
Posted about 1 year ago in Trusts. Jurisdiction: Pennsylvania

Written by Stephen Charles Gruber
Pourover wills are used with living trusts and their primary purpose is to transfer assets to the trust. This discussion applies only to California trusts and wills.
4 of 6 users found this helpful. Posted about 1 year ago in Trusts. Jurisdiction: California

Written by Kevin L Von Tungeln
I advise my clients to choose a trustee or an executor very, very carefully. I see a lot of problems caused by a poor choice in executor or trustee of an estate. With careful selection, expert advice in the planning and by following these three guidelines, you can avoid problems altogether.
Posted 10 months ago in Trusts.