What is a Bypass Trust?
A Bypass Trust, also known as a Credit Shelter Trust or Family Trust, is a type of irrevocable trust that is commonly used in estate planning to minimize estate taxes …
What is an A/B Trust?
An A/B Trust is an estate planning strategy commonly used by married couples to minimize estate taxes and ensure the financial security of the surviving spouse, while also preserving wealth …
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 …
What is an Advanced Healthcare Directive?
An Advance Healthcare Directive is a legal document that outlines an individual’s preferences for medical treatment and healthcare decisions in the event that they become unable to communicate or make …
What is a QTIP Trust?
A QTIP Trust (Qualified Terminable Interest Property Trust) is a type of irrevocable trust that allows a grantor (the person establishing the trust) to provide for their surviving spouse while …
What is an A/B Trust?
An A/B Trust is an estate planning tool that is designed to help married couples reduce or eliminate estate taxes while ensuring the financial security of the surviving spouse and …
What Types of Trusts I can use to Plan my Estate
Trusts are versatile tools used in estate planning to manage and protect assets, ensure privacy, and provide for beneficiaries according to specific terms set out by the grantor (the person …