How is a Non-Grantor Trust Taxed?
Understanding the intricacies of trusts, particularly the tax implications of different types, can seem daunting. This is especially true for …
Can Guardianship Cover Digital Assets and Accounts?
What is Guardianship, Exactly? Guardianship is a legal arrangement where a court appoints an individual, known as a guardian, to …
How Do You Locate a Trust Document?
Trusts are legal arrangements that hold assets for beneficiaries, often with specific instructions on how those assets should be managed …
What Are State Estate Tax Rates?
Estate taxes can be a complex and often misunderstood aspect of estate planning. While federal estate taxes apply nationwide, individual …
How Does a Testamentary Trust Affect Probate?
A testamentary trust, established through a will and coming into existence upon an individual’s death, plays a crucial role in …
Can Friends Report Elder Abuse Cases?
Elder abuse is a serious issue that affects millions of older adults each year. It can take many forms, including …
How Does Trust Decanting Work?
Trust decanting is a powerful tool that allows trustees to modify the terms of an existing irrevocable trust without needing …
Can Guardianship Be Reinstated After Voluntary Termination?
Guardianship is a legal arrangement where an individual, known as a guardian, assumes responsibility for making personal and financial decisions …
How Do You Create a Multi-Generational Trust?
Creating a multi-generational trust is a complex process that requires careful planning and consideration. It’s designed to protect and manage …
What Are Required Minimum Distributions (RMDs)?
Required minimum distributions, or RMDs, are mandatory withdrawals that individuals must take from certain retirement accounts after reaching a specific …