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September 2017 Archives

Using generation-skipping trusts for maximum benefit

If you are looking for estate planning tools that may help you provide for specific needs of your grandchildren, you may want to consider a generation-skipping trust. These trusts are crafted specifically for individuals who wish to leave something special to a family member at least two generations younger. Using such a trust, a person can transfer a significant amount of money or property to a beneficiary tax free, if certain qualifications are met.

Trusts: Not just for big estates

When a person feels their estate is on the small side, there are certain incorrect assumptions they might make. For one, they might assume that their estate's size automatically means that getting a trust is something they don't really need to look into.

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