How Are Trusts Taxed?

How Are Trusts Taxed?

11 Nov 2021
Death and taxes. Two things in life we find unavoidable. Although there are ways for decreasing your tax deduction, there are no ways from getting away from the tax man. To put it simple, everything we touch is t...
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Why Put A House In A Trust?

28 Oct 2021
One major benefit of placing your house in a trust is that it avoids probate following your passing away. Each of your other assets, if you have a will or not, are required to go through the probate process. P...
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What is an A-B Trust

What is an A-B Trust?

19 Oct 2021
A-B trusts are a joint trust created by a married couple for the intent of decreasing estate taxes. Upon the passing of the first spouse, the A-B trust splits into two. It is created with each of the spouses’ put...
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Who Owns Property In a Trust

Who Owns Property In a Trust?

6 Oct 2021
Assets that are transferred into the trust turns into trust property. Trust property comprises of any assets that the grantor — the creator of the trust— transferred into the trust throughout their lifetime, o...
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