Before deciding to modify a trust, it is important to consider the tax implications of such action. Modifying a trust could adversely affect income, gift, estate, and/or generation-skipping transfer taxes. Trusts generally are
Families with high net worth can maximize their wealth preservation and minimize their tax liability through a number of legal strategies. However, tax laws continually change and can impact new and existing estate
The wealthy aren't the only ones who use trusts. Rather than focusing on wealth, they serve a variety of purposes and solve specific problems. Do you want to keep your affairs private and
You may be surprised to learn that not only has asset protection planning been around for a long time, but you likely have already engaged in it at some point during your life.
Is your estate planning up to date? There are a few simple questions you can ask yourself to find out. Do you have a will or a trust? Without your own plan you