What does it mean to fund a trust?
A trust is an estate planning tool that makes it easier for you to pass assets down to your heirs. When you create a trust, you can place stipulations on who will receive the assets and when they will get them. One thing that you must remember, however, is that trusts...
How should you fund your living trust?
Many individuals assume that you need to have significant wealth to fund a trust. While that may be the case with some trusts, that's unnecessary if you plan to set up a living trust. Several factors may motivate an individual to set up a revocable trust. You may want...
Can my grandchildren benefit from a trust?
Trusts are valuable tools for those who have a specific legacy they would like to leave behind when they die. All too often, your wishes and plans could wind up undermined by the actions or preferences of the people you name as beneficiaries or heirs. They could waste...
Topics to address when setting up a trust for a minor
In addition to the sheer joy of welcoming a child into the world, becoming a parent also comes with a certain level of added responsibility. Parents in Nevada who wish to better prepare to protect the future of their kids could benefit from exploring the available...
Weighing the possible benefits of a spendthrift trust
There are a variety of available tools in estate planning, each of which may offer its own set of possible benefits. Individuals in Nevada who are in search of an option that can help them continue to provide for their kids without allowing them to inherit all of...
Providing for a loved one via a special needs trust
Many parents in Nevada and elsewhere may feel it vital to go to any length to protect the needs and futures of their children. Parents who have children with special needs may also wish to take every possible step to continue caring and providing for their kids even...
Trust options that could help protect one’s assets
There are a variety of estate planning tools that could help individuals in Nevada and elsewhere from virtually any walk of life better prepare for to safeguard their futures. Those who wish to know more about the available options to help protect their assets...
A trust may offer various benefits concerning asset distribution
When it comes to setting clear terms concerning how to distribute one's assets after death, most individuals may feel that creating a will is enough. While having a will can be beneficial in various ways, there may also be other estate planning tools that could...
Will assets in a trust be subject to taxes?
Individuals in Nevada and across the nation may come across a variety of topics to address as they attempt to organize their affairs and plan for the future. One estate planning tool that may draw the attention of many involves the option of setting up a trust. While...
Understanding the options prior to setting up a trust
Many individuals may feel that one of the most challenging aspects of planning for the future could involve addressing all the available options that could help them achieve their goals. For instance, those who wish to set up a trust may find that there are numerous...