Durfee Law Group Rule Against Perpetuities The Rule The Rule Against Perpetuities is an archaic rule adopted by the U.S. as part of the Common Law heritage from its colonial predecessors. In most applications, it limits the length of time in w... Coordination
Durfee Law Group Jurisdictional Diversification Jurisdictional Diversification Jurisdictional Diversification is a reality for most people whether they know it or not. If you have family members or property or business interests in more than one pl... Coordination
Durfee Law Group What is a Trust? What is a Trust? Trust Definition : What is a Trust? A Trust is a contract that controls property. A Trusthas three parties. First, there is the partywho creates the trust. This party is typicallycall... Coordination
Durfee Law Group Old ILIT New Solutions An "ILIT" is an Irrevocable Life Insurance Trust. One of the purposes of an ILIT is to prevent life insurance benefits from being taxed. (Yes, although generally income tax free, life insurance can be... Coordination
Durfee Law Group What is a Dynasty Trust? A "Dynasty Trust" is a Trust designed to hold and protect property over multiple generations. Such trusts take advantage of jurisdictions that have abolished laws that require termination such as the ... Coordination
Durfee Law Group 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 rate... Coordination
Durfee Law Group Trust 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 Trus... Coordination
Durfee Law Group Irrevocable Family Fortress Dynasty Trust - Legal Services Irrevocable Family Fortress Dynasty Trust Irrevocable Family Fortress Dynasty Trust - Legal Services include establishing an an Irrevocable Dynasty Trust outside of taxable estate with provisions for ... Coordination
Durfee Law Group Revocable Trust Comparison Trust Comparison The Estate Planning Group of Durfee Law Group offers two levels of Revocable Living Trusts: Simple and Dynasty. This Chart provides a way to make a meaningful Trust Comparison between... Coordination
Durfee Law Group Revocable Living Dynasty Trust - Legal Services Revocable Living Dynasty Trust Revocable Living Dynasty Trust - Legal Services look beyond merely avoiding probate and/or reducing estate taxes. It is all about what your estate planning is going to d... Coordination
Durfee Law Group Statements of Wishes IDENTIFYING VALUES,CREATING INCENTIVES,ESTABLISHING POLICIES Statements of Wishes Statements of Wishes, or what is sometimes called a Letter of Wishes , have long been used in international trusts and... Coordination
Durfee Law Group Living Will Best Way Out A Living Will is generally the last document a person uses in their life. A Living Will may or may not contain or be used in connection with a "DNR" or Medical Directive. When the Living Will is invok... Coordination
