"What Assets Should I Put In My Revocable Living Trust?" by Attorney Jon Gasior (Audio) Revocable Living Trusts are an extremely common tool used to create a comprehensive estate plan that provides for probate avoidance and control of assets during lifetime and at death. While the Revocable Living Trust can be one of the most effective estate planning tools, there can be a major downside. If you … [Read more...] about What Assets Should I Put In My Revocable Living Trust?
Capital Gains Taxes and Trust Assets
"Capital Gains Taxes and Trust Assets" by Attorney Alex Pagnotta (Audio) One of the most common additions to a well thought out estate plan is a trust, due in large part to the fact that a trust can accomplish such a wide range of estate planning goals. Because a trust is a separate legal entity, a trust can own taxable assets, including real property. The Annapolis trust attorneys at Sinclair … [Read more...] about Capital Gains Taxes and Trust Assets
Trust Administration Basics
Creating a comprehensive estate plan usually requires you to incorporate a variety of estate planning strategies and tools in order to achieve all your estate planning goals. One of the most common of those tools is a trust. Although trusts have evolved to the point where there is a specialized trust for almost any estate planning goal, the basic elements that are required to create a trust remain … [Read more...] about Trust Administration Basics
Why Do Heirs Prefer Trusts?
"Why Do Heirs Prefer Trusts?" by Attorney Victor A. Lembo (Audio) Many individuals desire to have an efficient administration of their possessions and assets when they pass away. We all know there may be complexities in handling an estate after death, but most families want privacy and peace. Creating a trust will help provide your heirs or beneficiaries their inheritance in an effective … [Read more...] about Why Do Heirs Prefer Trusts?
What is a Pour-Over Will and Why Should I Have One?
"What is a Pour-Over Will and Why Should I Have One?" by Attorney Victor A. Lembo (Audio) When you sit down with an attorney to discuss your estate, it is likely different options were presented, including wills and trusts. As revocable trusts are a popular vehicle to avoid probate, minimize taxes, and control assets for your family, an important document to be drafted with it is referred to as … [Read more...] about What is a Pour-Over Will and Why Should I Have One?
Top Ways to Avoid Probate
Top Ways to Avoid Probate by Attorney Jon J. Gasior (Audio) A comprehensive estate plan should accomplish much more than just creating a road map for the distribution of your estate assets after you have passed away. In fact, a well thought out estate plan often includes numerous inter-related goals and objectives. Among the most common of those additional goals is probate avoidance. If … [Read more...] about Top Ways to Avoid Probate
Does a Living Trust Allow You To Avoid Estate Tax?
"Does a Living Trust Allow You to Avoid Estate Tax?" by Attorney Alexander M. Pagnotta One common question that arises when people are creating a living trust is whether or not this type of trust can provide protection from estate tax. It's important to realize that while a living trust does allow you to transfer assets outside of the probate process, this does not mean that putting wealth … [Read more...] about Does a Living Trust Allow You To Avoid Estate Tax?
Why Your Heirs Would Prefer Trusts
"Why Your Heirs Would Prefer Trusts" by Attorney Alexander M. Pagnotta Estate and trust attorneys can provide you with assistance creating a trust so you are able to provide your heirs or beneficiaries with an inheritance is the simplest and most effective way possible. Trusts provide important protection for you and your loved ones during the course of your lifetime and after your death, but … [Read more...] about Why Your Heirs Would Prefer Trusts
Five Reasons to Create a Living Trust Today
"Five Reasons to Create a Living Trust Today" by Attorney Jon J. Gasior (Audio) A living trust attorney can help you to determine if you should create a trust. Living trusts are versatile and valuable legal tools that are often part of estate plans and incapacity plans. They can be used to protect your wealth and to protect your loved ones, although there are some limitations associated with … [Read more...] about Five Reasons to Create a Living Trust Today
What Should You Expect as a Trust Beneficiary?
"What Should You Expect as a Trust Beneficiary" by Attorney Colleen Sinclair Prosser Annapolis trust attorneys provide representation to trust creators, or trust settlors as they are also called. Our legal team helps those who are interested in creating a trust to decide on the right trust type, to follow legal formalities for trust creation, and to create a legally valid trust document. … [Read more...] about What Should You Expect as a Trust Beneficiary?
