How To Leave Money in a Trust for a Spouse or Child

You create a trust to provide for those who you do not trust with money. Trusts offer the advantage of creating specific boundaries for release of funds while protecting the rest of the money and property from creditors. Even more advantageous, if you plan properly, you can also eliminate the estate taxes on the trust and leave more wealth behind for your family, and less for tax collectors’ pockets.

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Estate Planning Checklist

Drafting an estate plan? Click here for a detailed list of documents, accounts, insurance policies, investments and other important estate matters that must be addressed in order to have a successful estate plan that provides for you and your loved ones.

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