Our uncertain estate-tax environment has made traditional estate planning more complicated than ever; however, there are still some estate planning tools that are worth considering. The qualified personal residence trust (QPRT) is one such tool.
A QPRT is a relatively simple tools for transferring ownership of a personal residence to younger family members for estate tax […]

Trusts can be structured to provide superior asset protection against creditor claims. A spendthrift trust provision is a specific statement or statements in a trust document that specify how and when creditors of the trust beneficiary can reach the trust assets. This type of provision may or may not be upheld, depending on who created […]

Revocable living trusts are becoming more popular. While revocable living trusts can provide an easy and efficient means for holding and managing assets, they may not always be necessary.
A revocable living trust is simply an arrangement where one person, the trust settlor, gives property to himself as trustee or to another person or entity […]