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 and ...

When you hear the word “trust” in financial or business terms, you probably think of either Teddy Roosevelt or rich kids who drive Range Rovers in high school. The truth, however, is that trusts ...

Estate planning is crucial for high-net-worth individuals who want to protect their assets and pass their legacy on to loved ones after death. High-net-worth (HNW) individuals have unique tax and ...

Depending on one’s personal situation, the choice between a grantor and non-grantor trust may be difficult and confusing to understand. After reading this article, someone making this decision will ...

Estate planning in the U.S. has evolved to include many different kinds of trusts, each of which developed to meet a particular set of needs. The first thing to ask any client interested in setting up ...

Q: Years ago, my parents had a Totten Trust. Can Totten Trusts still be used in estate planning? A: Are you sure that they had a Totten Trust? The reason I ask is because Totten Trusts were kind of ...

Trust funds protect assets from lawsuits, divorce, and creditors by keeping them within the legal entity. Using a trust can reduce estate taxes by lowering the taxable value of your estate. Trusts ...

A special needs trust (SNT) and an Achieving a Better Life Experience (ABLE) account each provide a tax-free way for people with disabilities to save money. Both options provide a mechanism for saving ...

A declaration of trust is the document that establishes a legal trust. It also defines the major elements of the entity, such as the beneficiaries and trustees. Once a trust has been established, a ...

T he end of the summer brought a flurry of legislative activity, with the president signing into law four bills from July to October. One was the Small Business Job Protection Act of 1996 (SBJPA), ...