The Jurisdiction Independent Trust
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? In a state with lower tax rates? How do you know where you want your trust to be domiciled in the future?…
Read MoreCryonic Suspension Trust: The Ultimate Estate Freeze
Old Idea, New Expression Like many other cultures, the ancient Egyptians buried treasures with their dead in part so that when the dead revived, they would have the use and enjoyment of their worldly goods. This may not have been based on the same technology as a cryonic suspension trust, but the idea is the same. The…
Read MoreTrust Protector – Defender of Trusts
A Trust Protector is a party other than a Trustee or a Beneficiary who has certain powers regarding the Trust and its administration. These powers may be very broad or narrow as determined by the Trust instrument. They may include the power to remove or replace trustees and beneficiaries, cure ambiguities, and modify terms and…
Read MoreTax Free IRA
For years, I have been telling people a little known secret of IRA’s. There is a way you can pass the benefit of your IRA to your heirs tax free. Recently Bob Carlson in his newsletter recently discussed the strategy. It combines an IRA with a Donor Advised Fund. He quotes David Phillips and calls it…
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