A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...

Section 6034A of the Code requires the trustee of the trust to provide each beneficiary with “a statement containing such information required to be shown on such return as the Secretary may ...

Trustees are often given discretion over the circumstances under which a distribution may be made from a trust to a ...

A Beneficiary Controlled Trust will help protect your loved ones ... This issue can be minimized by providing the primary beneficiary with the right to remove and replace the Independent ...

Duty to Account to the Beneficiary The Trustee must account for his or her conduct in fulfilling the intent of the Grantor as expressed in the Trust. This includes providing timely and complete ...

This ascertainable standard is frequently used by estate planners to determine how and when a trustee may make distributions, ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living ...

Outright distributions provide no protection from these events. An alternative approach is for your children or loved ones to receive their legacy through a beneficiary controlled trust.

It’s a well-documented fact that most people do no estate planning. Of those who do, the majority use a last will to pass their estate to a spouse or divide it among their children. Most estate ...

A living trust or an "inter-vivos" trust is set ... policy may be used to pay any estate costs after you die and provide your beneficiaries with tax-free income. Qualified terminable interest ...

Your investment account’s transfer process after death depends on how you’ve set it up – from quick transfers with proper ...