In This Issue:
- A Contrarian View on Bypass Trusts
- Getting More Out of Trusts: The Total Return Unitrust
- Estate Planning for Your Eighteen Year Old: What You Need to Do Now May Surprise You
- Excerpt from Getting More Out of Trusts: The Total Return Unitrust:
Trusts have become a basic tool in estate planning. Virtually every trust provides for the distribution of income to the current beneficiary, either mandatory or in the trustee’s discretion. The reasons for this vary. In a trust for a surviving spouse (marital trust), distribution of income is required to qualify for the marital deduction, and distributions generally carry out trust income to the beneficiary, thus are subject to less punitive income tax rates. But for most clients, income is intended to provide a source of regular funds to the beneficiary, particularly where the beneficiary is the surviving spouse. For many clients, however, the significant decline in interest rates and the limited returns generated by fixed income investments generally, the last 15 years has made the benefit for many trusts modest at best...
Please see full newsletter below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.