Types of Trusts. Defining a Trust is just the beginning. There are many varieties and types of Trusts. These are some of the most common types of Trust: Testamentary Trust. A Testamentary Trust does not come into existence until the Grantor dies. Typically a Testamentary Trust is created by the Grantor’s […]
The opportunity for preparation is lost once the crisis has begun. It is vital to have certain legal and medical emergency documents in place before you need them, so that when you need them, you are ready. This list is a resource you can use to identify for yourself what emergency documents you and your family will need. There are five specific things you can do to prepare your emergency documents so that you will not fear.
S Corporations and Charities S corporations and charities lie at the cross roads of advanced estate planning. Most new wealth is generated through corporate structures. Most corporations are S corporations. Most advanced planning for the people who own such corporations will include a charitable component. The net effect is that […]
Where Should You Set Up Your Trust? Where is the best place to set up your trust? Where you live? In a state that has laws that favor your particular goals and concerns? How do you know where you want your trust to be domiciled in the future? Does it […]