However, there are several assets that should not be placed in a living trust. 1. Qualified Retirement Accounts Negrin-Wiener explained that qualified retirement accounts, such as an IRA, 401(k ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial ...

All told, there are plenty of good reasons to consider using a living trust to pass on an inheritance. But it's important to sit down with an estate planning attorney and see what they recommend ...

This differs from an irrevocable living trust, where the individual no longer owns the assets. A trust is a more complex, expensive plan for a beneficiary's assets that provides a plan during the ...

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 ...

How to Use Your Estate Plan to Save on Taxes While You’re Still Alive! While creating a living trust may be costly and require a lot of legwork to fund, there are many benefits to using it as an ...

Dear Liz: Is naming a beneficiary for a nonretirement, “payable on death” account as effective as putting the account in a living trust? It seems easier than doing all the paperwork each time ...

Lorenzo Capunata / Getty Images A Chartered Trust and Estate Planner (CTEP) is a professional accreditation offered by the Global Academy of Finance and Management (GAFM). The Global Academy of ...

If you're not sure whether a living trust is suitable for your family, connect with a lawyer who works in estate planning and get a consultation. They can walk you through the finer details so you ...

The usual living trust you form for estate planning doesn’t help, since the grantor must include the income on his return. They seek to wall off assets from California’s 13.3% tax rate via a ...