You likely have created revocable or irrevocable trusts, or a few of both, in your estate plan. Ideally, these have been properly drafted with plenty of flexibility so that they can continue to meet your wealth planning goals...more
1/23/2025
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Decanting ,
Estate Planning ,
Estate Tax ,
Generation-Skipping Transfer ,
Irrevocable Trusts ,
Revocable Trusts ,
Tax Liability ,
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Trust Administration ,
Trustees ,
Trusts
Trusts are described in multiple ways, including: living or testamentary, revocable or irrevocable and grantor or non-grantor. These terms are not always mutually exclusive. A trust can be living, revocable and a grantor...more