Editor’s note: This is part four of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

Forming a trust now and funding it after Congress decides whether to keep the current gift tax exemption rate could make for ...

When assets are transferred to the ownership of an irrevocable trust, whether they are cash or property, it means they are protected from creditors, and even legal judgments. However, an ...

Editor’s note: This is part six of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

Irrevocable trusts can be drafted with endless ... but GRATS are subject to the risk that the trust property will be included ...

With irrevocable trusts ... Qualified terminable interest property trusts: If you're part of a family in which there have been divorces, remarriages, and stepchildren, you may want to direct ...

Assume sole trustee of an irrevocable discretionary trust for benefit of deceased settlor’s descendants living from time to time suffers a ...

Once property has been transferred to a trust, the trust itself becomes the rightful owner of the assets. In an irrevocable trust, the assets can no longer be controlled or claimed by the previous ...

Unlike traditional irrevocable trusts, where you have to give up control over your assets, a UAPT lets you maintain control—until you need protection.

A trust must be set up as either revocable or irrevocable and have a grantor ... of debts and taxes and distribute the remaining property according to the will or state law.

When assets are transferred, whether they are cash or property, to the ownership of an irrevocable trust, it means the trust is protected from creditors, and even legal judgment. However ...

The decision whether to choose a revocable or irrevocable trust for the protection of assets can have lasting implications and profoundly impact a legacy, so it's not something to be taken lightly.