How do I transfer real estate into a trust?
Transferring real estate into a trust is a crucial step in comprehensive estate planning, offering numerous benefits like probate avoidance, …
How do I provide ongoing financial support to a religious institution?
Providing ongoing financial support to a religious institution is a deeply personal decision rooted in faith and a desire to …
How do I protect intellectual property in my estate plan?
Protecting intellectual property (IP) within an estate plan is a frequently overlooked but crucial aspect for creators, inventors, and business …
How do I notify the IRS about a trust?
Establishing a trust is a crucial step in comprehensive estate planning, offering benefits like asset protection, tax advantages, and a …
How do I handle out-of-state property in my estate plan?
Planning for the distribution of assets is crucial for a comprehensive estate plan, but it becomes more complex when those …
How do I disinherit someone legally in a trust?
Disinheritance, while often portrayed dramatically, is a legally permissible act, but it requires careful execution within the framework of a …
How do I calculate fair market value for property assigned to the trust?
Establishing the fair market value (FMV) of assets transferred into a trust is a cornerstone of effective estate planning. It’s …
How does a trust impact my heirs’ inheritance tax?
Navigating the complexities of estate and inheritance tax can feel like charting a course through a dense fog, especially when …
How does a testamentary trust differ from a custodial account for minors?
Navigating the world of estate planning for families with minor children requires careful consideration of the tools available to ensure …
How does a revocable living trust differ from a will?
Estate planning is a crucial aspect of responsible financial management, and understanding the tools available is paramount. Two of the …