Coordinating the Revocable Life Trust
No tool or technique, no matter how useful, should be employed in a vacuum. For this reason, coordinating the revocable … Read more
Revocable Life Trust
Creditor Implications of a Revocable Life Trust
It is a delusion to think that a client protects himself or his beneficiaries from creditors by placing assets in … Read more
Income Tax Implications of a Revocable Life Trust
For most income tax purposes, there is no significant impact when assets are transferred to a revocable living trust. The … Read more
Gift Tax Considerations of a Revocable Life Trust
There are only a few gift tax considerations with respect to revocable trusts. But they can be significant, and understanding … Read more
Estate Tax Implications of a Revocable Life Trust
There are a number of estate tax implications that must be considered with respect to revocable life insurance trusts. One … Read more
Selection of a Trustee in a Revocable Life Trust
With the selection of a trustee, the major attributes to consider are the trustee’s willingness to serve and at what … Read more
We Can be the Beneficiaries of a Trust?
Beneficiaries of a trust receive income from trust assets and/or principals at the ages and under the terms specified in … Read more
The Job of the Trustee in a Revocable Life Trust
The job of the trustee involves responsibility for safeguarding and investing the assets in the trust and making payment as … Read more
Role of the Trust Document in a Revocable Life Trust
Sometimes called a “trust indenture” or “trust agreement,” this document sets forth the agreement between the parties (and serves as … Read more
The 5 Disadvantages of Revocable Life Insurance Trusts
There is no tool or technique that is without cost and totally risk-free. Trusts, even revocable trusts, are no exception. … Read more