Estate planning is an in-depth process that requires careful arranging to ensure that you’re able to maximize the use of your assets while alive, and that your assets are distributed appropriately after your passing or other set terms. A trust is commonly used in estate planning due to its ability to enforce the owner’s intentions.… Read More
As mentioned previously in our article Accounting for Revocable and Irrevocable Trusts, estate planning is an in-depth process to ensure that you’re maximizing your assets and earnings during your lifetime, and when you pass, your life’s assets are passed appropriately without any hassle of interfering legal systems. An intentionally defective grantor trust (IDGT) is a… Read More