"Outright" distributions from the trust to the beneficiary in his or her name should rarely occur for large or even relatively modest estates. A better approach is for each beneficiary's ...

The Internal Revenue Code of 1986, as amended (the “Code”), requires the trustee of a trust to request, obtain and report certain sensitive information of beneficiaries. With the threat of ...

An alternative approach is for your children or loved ones to receive their legacy through a beneficiary controlled trust. Kiplinger Advisor Collective is the premier criteria-based professional ...

In such instances, it’s preferable to create a Trust to be named as the beneficiary. The Trustee (who is in charge of the Trust) can claim and manage the asset for your intended recipients for a ...

you will be asked to name your beneficiary or beneficiaries,” says Theresa Becker, a certified financial planner at Rockland Trust in Boston. “If the plan holder doesn’t complete that task ...