Living TrustsJohn Wiley & Sons, 2004. gada 28. apr. - 432 lappuses Everything estate owners need to establish a successful living trust When properly designed, a revocable living trust can provide all of the estate tax-saving benefits available under a decedent’s Last Will, eliminate a lifetime court-supervised financial guardianship of a person’s financial affairs in the event of physical or mental incapacity, and, upon the trustor’s death, facilitate estate administration without the necessity of a court-supervised process, or probate. Shockingly often, however, trusts are poorly designed and underfunded, nullifying all of their considerable advantages. Living Trusts, Third Edition shows the estate owner how to set up, fund, and manage a living trust that will protect the trustor’s financial affairs in both life and death. Order your copy today! |
No grāmatas satura
1.–5. rezultāts no 86.
... legal title to the trustor's as- sets is correctly conveyed to the trustee; in other words, the trust must be funded. Use of a revocable living trust in estate planning has gained much deserved recognition and acceptance. Local ...
... court-supervised competency proceedings followed by expensive court ... convey the legal ownership of property to the trustee of a revocable living ... title to such property cannot be conveyed. Rather, what it does mean is that ...
... conveyed (titled in the name of the RLT trustee) to the RLT during the decedent's lifetime is not part of the decedent's probate estate because legal title or ownership of the property vests by law in the trustee, thereby obviating the ...
... name of the trustee of the living trust. Observation A grantor retained annuity trust (GRAT), a grantor retained unitrust (GRUT), and a qualified personal residence trust (QPRT) are irrevocable living trusts that may be used to transfer ...
... ownership and beneficiary designations of contract benefits with the provisions of the will and trust. Also, when a RLT is involved, legal title to property is either not conveyed to the trust during the trustor's lifetime or the conveyance ...
Saturs
Part II Operation of a Revocable Living Trust and the Impact of Taxes | 133 |
Part III Lifetime Funding of a Revocable Living Trust | 213 |
Part IV Supporting Documents | 377 |
Bibliography | 391 |
Index | 399 |