Category Archives: Trusts and Trust Administration Questions?

Pet Trusts: New Protection for Our Friends

Pet Trusts: New Protection for Our Friends. The primary goal of estate planning is to have our wishes carried out, especially when we are not here. Those wishes include care for ourselves if we become disabled, and care for those … Continue reading

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Grantor Retained Annuity Trusts

Grantor Retained Annuity Trusts. Introduction: A key goal of what we refer to as “estate planning” is to preserve a legacy for your family. How can you get as much of your estate as possible into the hands of your … Continue reading

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Protecting Your Rights as a Beneficiary

Protecting Your Rights as a Beneficiary. Trust litigation is often necessary in order to protect a beneficiaries’ rights under a trust. While the word litigation often inspires certain unfavorable reactions, this does not always have to be the case. The … Continue reading

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Trust Beneficiaries’ Bill of Rights

Trust Beneficiaries’ Bill of Rights. One of the advantages of trusts is privacy. Unlike the probate of a will, there is no legal requirement that the trustee file the trust with the local court. However, privacy is also one of … Continue reading

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Top Six Pitfalls of Trust Administration

Top Six Pitfalls of Trust Administration. Trusts have understandably become very popular for estate and disability planning. They are excellent tools which will carry out your wishes and reduce costs associated with court administration and estate taxes. In general, a … Continue reading

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Five Simple Tips to Saving Taxes

Five Simple Tips to Saving Taxes. 1. Give your IRAs to charities While qualified plans are a great way to accumulate money tax free, the proceeds are taxable to whomever draws the money out. If your IRA is paid out … Continue reading

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