But the reality is there are a variety of advantageous reasons to set up a trust ... is structured and the ways in which a trust can help protect your assets and preserve your wealth for successors.

Setting up an asset protection trust is a complex task. It is best to hire an estate planning attorney to handle the work.

My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up ...

The logistics of setting up a trust are fairly straightforward ... If a bit more work on my part can protect my children and assets after a tragedy, it's definitely worth it financially and ...

“A charitable trust can only be set up to give money to a charitable cause, but it also is a valued way to pass assets down to beneficiaries without the burden of estate or gift tax,” says ...

Appointing a trustee is one of the most critical steps in setting up a trust fund ... The advantage of an irrevocable trust is that it can protect the assets from creditors in the event of ...

Setting up a trust fund gives you control over how your ... such as to reduce the size of a taxable estate or protect assets from creditors. That said, the taxation and legality of any trust ...

The Strategic Power of an ILIT in Estate Planning Estate planning is a maze: It is hard to know what to do and how to do it, and few tools provide the definition and control of an Irrevocable Life ...

You can use trusts to cement your legacy, organize your estate and limit your exposure to estate and gift taxes.

Many clients look at their assets and think, “I really don’t have that much. My estate plan can be very simple.” However, you have worked a lifetime and likely hope to leave a legacy of both ...

This is not the case with property transferred to a third-party trust. In your case, you may be more free to tie up additional assets in a Medicaid protection trust if the funds in your husband ...

Long-term care (LTC), which may include nursing home stays, is expensive and can quickly suck up savings you ... against the Medicaid asset limit. So you could protect your assets by putting ...