A joint trust created by a married couple to minimize estate taxes and provide a structured way of dealing with assets after death.
Understanding Distributable Net Income (DNI) in the context of taxation for beneficiaries in trusts.
An Escrow Agent is a trusted third party that holds assets or funds during a transaction until all contractual conditions are met.
A Generation-Skipping Trust (GST) is a type of trust that allows assets to pass directly to grandchildren or others, bypassing the children to minimize estate taxes.
An individual or entity that creates a trust and/or the seller of option contracts who collects premiums.
A financial tool in estate planning to minimize gift taxes while providing income to the grantor.
An estate-planning tool that cleverly segregates income tax and estate tax treatments for effective wealth management.
A Land Trust is a legal entity that allows property owners to manage their assets while maintaining anonymity and avoiding probate.
A Qualified Domestic Trust allows non-U.S. citizen surviving spouses to benefit from the marital deduction on estate taxes.
A trust designed to reduce gift tax when transferring a personal home.
Understanding QTIP Trusts: A Married Couple's Financial Safety Net with a Touch of Control
A testamentary trust created through a will to manage a decedent's assets.
A Trust Company is a legal entity that serves as a fiduciary for individuals or businesses.
Exploring the ins and outs of Voluntary Trusts: the friendship-contract of the financial world!
