What is a Life Insurance Trust?
A Life Insurance Trust is a type of irrevocable trust specifically designed to hold and manage life insurance policies and the proceeds from those policies for the benefit of the …
Will I Owe Capital Gains Taxes on Real Estate Left to Me in a Will?
When real estate is left to you in a will, the potential capital gains tax implications depend on a few key factors: 1. Step-Up in Basis Automatic Step-Up: In most …
How Do I Fund My Trust?
Funding a trust involves transferring ownership of your assets into the trust so that they are managed and distributed according to the trust’s terms. Here’s a step-by-step guide on how …
How Can I Avoid Probate?
Avoiding probate is a common goal in estate planning because the probate process can be time-consuming, expensive, and public. Here are several strategies you can use to minimize or avoid …