Currently viewing the tag: "estate"

In Trusts We Trust: Day 38

January 11, 2012 by

Living Trusts If you were reading the blog a couple of weeks ago, you’ll remember we covered Inter Vivos Trusts.  The phrase “Inter Vivos” is Latin; it means “Between the living.”  In the estate-planning world, Inter Vivos is assigned to gifts that are given during the lifetime of the person giving the gift. Here in […]

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In Trusts We Trust: Day 28

December 27, 2011 by

Grantor Retained Annuity Trust (“GRAT”) A Grantor Retained Annuity Trust, like yesterday’s Grantor Retained Income Trust is another type of split-interest trust that can be used to move potential gain out of the grantor’s estate and thereby escaping higher taxes at time of death. Essentially a Grantor Retained Annuity Trust is an estate-planning tool that […]

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In Trusts We Trust: Day 18

December 8, 2011 by

Dynasty Trusts, Day Two Yesterday we started a series of posts about Generation-Skipping Transfer Trusts, which are also known by the name ‘Dynasty Trusts.’  So where to begin today as we explore what these trusts are and what they might provide for you?  I’ll begin where many of my clients and potential clients begin when […]

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In Trusts We Trust: Day 17

December 8, 2011 by

Dynasty Trusts, Day One What’s all the fuss about Dynasty Trusts?  That’s what this series of blogs is about to uncover.  Many clients and potential clients raise a similar question; they want to know about the so-called “Dynasty Trusts” they’ve been hearing so much about.  Rather than leaving you to your own devices, I thought […]

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In Trusts We Trust: Day 15

December 5, 2011 by

Credit Shelter Trust A Credit Shelter Trust is a type of trust that married couples would use to pass assets along to their heirs and avoid estate taxes while doing so.  A Credit Shelter Trust is also known as an A/B Trust.  The contingency is that a Credit Shelter Trust only works if you are married […]

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In Trusts We Trust: Day 14

December 2, 2011 by

Constructive Trusts To understand a Constructive Trust, we must first understand that a constructive trust is not a trust, in the typical sense.  Typically a trust is an estate-planning tool into which the grantor has titled their assets, and an appointed trustee has duties of administration enduring for a substantial period of time.  A Constructive […]

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In Trusts We Trust: Day 13

December 2, 2011 by

Charitable Trusts, Day Eight: The NIMCRUT, Part Two In addressing Split-Interest Trusts we’ve seen that they are unique types of trusts that are established to benefit both charitable and non-charitable recipients.  These trusts are designed for those who have both philanthropic and family needs to attend to. The final type of Split-Interest Charitable Trust we’re […]

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On Steve Jobs, Day 4

October 18, 2011 by

Back in 1996 a documentary was released on PBS entitled, “Triumph of the Nerds: The Rise of Accidental Empires.” The film charts the emergence of the computer era beginning in the 1970s and carrying on through the mid 1990s, and features key players in that emergence, namely, Steve Jobs, Steve Wozniak and Bill Gates. While […]

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For the past several days I’ve been covering generation-skipping transfer trusts, which are also known by the name ‘dynasty trusts.’  Today’s posting will address how you may take advantage of this technique in your financial planning. When clients or potential clients first meet with us one of the things they most often ask is how […]

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Yesterday we started a series of posts about generation-skipping transfer trusts, which are also known by the name ‘dynasty trusts.’  So where to begin today as we explore what these trusts are and what they might provide for you?  I’ll begin where many of my clients and potential clients begin when starting the estate-planning process; […]

Continue Reading