The once-popular AB-Trusts, a staple in estate planning when estate tax exemptions were significantly lower, might now be a ghost of financial burdens past, lurking
Introduction In today’s diverse society, the structure of the family unit often extends beyond the traditional to include what are commonly known as blended families.
ILIT Overview An Irrevocable Life Insurance Trust (ILIT) is a type of trust specifically designed to hold and own life insurance policies. Once established, the
The potential benefits of Irrevocable Trusts Irrevocable trusts offer several potential benefits, which can be particularly appealing depending on an individual’s financial goals, estate planning
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