New FinCEN rules starting March 1 require reporting when residential real estate transfers to trusts or LLCs. Learn which ...

Setting up a trust can be an important step in estate planning, helping you manage assets, protect beneficiaries and simplify the transfer of wealth. The timeline for setting one up, however, can vary ...

Q: If I create a revocable trust and put my financial assets in it, do I have to file a separate income tax return for the trust? Do I have to include my house and my auto in the trust? A: Some ...

Purpose trusts are often used in tax planning where control, continuity, and asset separation are more important than current ...

When crafting an individual estate plan, you should consider whether a Revocable Trust is right for you. Below is an analysis of an artificial fact pattern and the estate plan I would recommend based ...

Trusts are a popular estate-planning tool for simplifying the transfer of assets between generations, and two of the most popular types are revocable trusts and irrevocable trusts. Revocable and ...

If the last few years have taught advisers anything, it is that planning complexity is not going away. Tax regimes shift, ...

Trusts can be a great tool to simplify the process of moving assets between generations, helping avoid some of the costs and delays associated with the process. Revocable trusts are a useful solution ...