If you decide not to set up a trust, you still have options for your home. One option might be a life estate. In this setup, you (as the “life tenant”) retain the right to live in your home ...

Forming a trust now and funding it after Congress decides whether to keep the current gift tax exemption rate could make for ...

A common questions we hear from clients involves the fate of life insurance proceeds after someone passes away. Specifically, ...

An irrevocable life insurance trust can remove your life insurance from your taxable estate, help pay estate costs, and provide your heirs with cash for a variety of purposes. To remove the policy ...

He shares how the probate process caused tension between his siblings. He also harbored frustration over one unanswerable ...

Death and taxes may be certainties of life, but how much tax your family pays upon your death is still within your control to a certain degree. The federal estate tax exemption under current law ...

Should you name your living trust as the beneficiary of your life insurance policy? Advantages of Naming Your Trust. If your primary beneficiary is incapacitated or has special needs, directing ...

Investopedia / Mira Norian Irrevocable trusts are generally set up to minimize estate taxes ... in an irrevocable trust could take their distributions over their life expectancy.

Often, people fund a living trust with real estate, financial accounts, life insurance, annuity certificates, personal property, business interests and other assets. The most notable types are ...

Establishing a trust is an estate planning strategy that can be used ... For example, traditional life insurance trusts often contain a Crummey provision. Advantages and Disadvantages of a Gift ...

and life insurance policies. They are often set up as part of your estate plan. "A trust is in place to establish control about who's in charge of the money," says Jaime Eckels, CFP and wealth ...