Estate Planning as a Career

If your estate is worth more than $4,000,000 a simple change in your will can reduce your federal estate tax liability by 50%. The plan is to use what is called an A-B trust. A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust. Generally this would be the children of the married couple but many variations exist an (more…)

The word “trust” has a ring of confidence to it. The dictionary describes the word trust as have confidence or faith in. Human nature tells us that we should trust and most of us are trusting. Many scam artists will play upon us to sell or take advantage in a way that will cause emotional and financial harm. One such scam is called “the pure trust.”

This trust involves a non-existing form of trust and it is known by a number of names such as the Commo (more…)