Archive for June, 2010

Fixing That ‘Irrevocable’ Trust

Thursday, June 24th, 2010

By definition, when something is irrevocable, it cannot be altered - unless you are talking about trusts.An irrevocable trust can be a very effective wealth-transfer vehicle. The assets used to fund the trust, as well as any appreciation they generate, escape estate tax upon the death of the settlor, or ...

The Role of the Executor

Tuesday, June 22nd, 2010

It is extremely important that you choose the Executor of your Will extremely carefully. A good Executor may be able to reduce the amount of tax paid on your Estate, and hopefully, will be able to manage the distribution of your assets quickly and painlessly.In many cases we have dealt ...