"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 ...

A trust is a fiduciary relationship that allows a trustee, who is a third party, to manage assets on behalf of the beneficiaries of the trust. A person's will may include instructions to establish ...

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 ...

The assignment of a trust or other legal entity as the Group Term Life Insurance beneficiary is available only to HQ active or Retiree Life Insurance participants. In certain circumstances, usually ...

If, however, you take away your ability to change the trust and name a trustee who is unrelated to the beneficiary, you have given up a substantial amount of control over the trust. Under these ...

A better option than naming your minor children directly as beneficiaries is to establish a trust account as the 401(k)'s beneficiary and your children as the beneficiaries of the trust.

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 ...