A trust is a legal entity that holds assets for the benefit of another. Basically, it’s like a container that holds money or property for somebody else. There are three parties in a trust arrangement: ...
The basics of trusts are easy to understand. Trusts are legal entities that allow one party to manage assets for the benefit of another. They involve three key roles: the grantor who establishes the ...
Trusts are ubiquitous in asset protection and estate planning. Regardless of a client’s wealth level, he should be using trusts to avoid problems such as a minor child inheriting money outright; ...
My clients sometimes come to me because somebody (a neighbor, their hair dresser, a radio commercial) has told them they “need a trust.” This is a little bit like going to the doctor and saying “I ...
You are able to gift 5 more articles this month. Anyone can access the link you share with no account required. Learn more. People often associate trust funds only with the wealthy, but a trust fund ( ...
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