A trust created while an individual is still alive is an inter vivos trust (living trust), while one established upon the ...

In all these cases, a testamentary trust can be a useful estate planning tool. What’s more, it makes it possible to leave assets to minor children who may not be able to legally possess or ...

In addition to a living trust, Maurer suggests that you and your spouse create a testamentary trust to determine how assets ...

There are two basic types of trusts: living trusts and testamentary trusts. A living trust or an "inter-vivos" trust is set up during the person's lifetime. A Testamentary trust is set up in a ...

A good illustration of this point is found in Alfred I. DuPont Testamentary Trust v. Comm’r, 514 F.2d 917 (5th Cir. 1975). In that case, the taxpayer built a mansion on 300 acres of property ...

Learn how to complete your will using the following 11 simple steps: When it comes to creating a will, you have two choices.

Selecting a guardian for the special needs child is one of the most critical decisions in the estate planning process ...

You can use a will to create a testamentary trust, appoint a guardian for your children if you pass away before they reach adulthood and name the person who will be in charge of managing your ...

Some trusts that become irrevocable upon the grantor's death. These are testamentary trusts and are typically formed according to directions left in a decedent's last will. Varying tax rules apply ...

The trust’s assets and terms typically remain confidential among beneficiaries, as compared to the public disclosure usually involved with probate. A testamentary trust is established at your ...

Paolo Ludovici and Andrea Mirabella of Gatti Pavesi Bianchi Ludovici explain the changes under a new legislative decree on ...

As a single mom in South Africa, securing your child's future through proper guardianship planning is vital. Learn about ...