Using a Trust to Protect Your Beneficiaries Posted onJune 23, 2021June 23, 2021inCategoriesBeneficiaries, Living Trust A revocable living trust is not primarily for the benefit of the trust creators (“settlors”), and instead are for the benefit … Continue ReadingUsing a Trust to Protect Your Beneficiaries
Potential Pitfalls of Life Insurance and Retirement Accounts Posted onJune 1, 2021June 23, 2021inCategoriesBeneficiaries, Life Insurance, Retirement Accounts When creating an estate plan, several documents and decisions are involved. An important decision is to decide which assets are … Continue ReadingPotential Pitfalls of Life Insurance and Retirement Accounts
Older Estate Plans May Cause Tax Problems for Beneficiaries Posted onApril 1, 2020June 23, 2021inCategoriesBeneficiaries, Estate Plan Documents, Estate Planning, Estate Taxes Most family estate plans created prior to 2012 contained a “bypass” or “A-B” trust that requires the estate to be … Continue ReadingOlder Estate Plans May Cause Tax Problems for Beneficiaries