What is an unsupervised administration and why is it better than other types?
If you’re putting together an estate plan, you have no doubt heard about the benefits of a living trust.
Many estate executors focus on estate taxes and forget about income taxes. That can be an expensive mistake.
In estate planning, the use of trusts to manage the distribution of assets is becoming increasingly more common. However, for many people, the idea of setting up a trust during his or her lifetime is overwhelming and perhaps even unnecessary.
Lewis established an irrevocable trust, in which he named ‘his son’s spouse’ as a beneficiary. At the time Clark, the son, was married to Vivian.