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For clients waiting to see if Congress will extend or cut the lifetime gift and estate tax exclusion next year, setting up an irrevocable trust now can be a base-covering estate planning option.
The digital assets investor decided it was best to keep management control and beneficiary ... potent powers that add flexibility to an irrevocable trust so that the trust can be modified ...
Living trusts can be either "revocable" or "irrevocable." Revocable trusts allow you to retain control of all the assets in the trust, and you are free to revoke or change the terms of the trust ...
Due to their irrevocable nature, there's generally more separation between the grantor and the assets placed into ... professional trust fund management, such as from corporate trustees and ...
Irrevocable trusts can be used to protect assets from creditors and to minimize estate taxes. A revocable trust may be the right choice if you want to protect assets and aren’t sure about your ...
That’s where a universal asset protection trust (UAPT) comes in. Unlike traditional irrevocable trusts ... financial planning and wealth management firms. Do I qualify?
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