Estate Planning as a Career

Mechanics of a Good Living Trust, Part 3

Sunday, June 21st, 2009

SURVIVING TRUSTEE Generally the surviving spouse will be the surviving trustee managing all the three, ABC trusts. He/She will have total freedom with "A" trust and will have restrictions on B and C.SUCCESSOR TRUSTEES Generally close trusted family member/s will be named as successor trustee/s, one or more. Successor trustees step in ...

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Mechanics of a Good Living Trust, Part 4

Saturday, June 20th, 2009

DISCLAIMER I am a certified financial planner and not an attorney and therefore I do not render legal or tax advice. Information provided here are of general nature and for education purposes only.MISCONCEPTIONS & TAXATION, #4 - REVOCABLE LIVING TRUST (RLT) The most popular misconception that the public and some professionals including ...

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Privacy Advantage of a Living Trust

Friday, June 19th, 2009

The privacy of a living trust is a big benefit over a will. People usually prefer to keep their financial affairs private and that tends to be good when it comes to passing on your estate after death. The more people who know about your estate distribution plans, the more ...

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