Many estate-planning professionals believe that trusts should be considered whenever significant property will be transferred for estate planning and related reasons. Listed below are some facts and related matters that may be appropriate to consider in determining the extent to which property should be transferred in trust.
Factors to consider in determining if an asset should be transferred in trust rather than outright:
Common reasons why individuals seek wealth:
Some of the interests a trust can provide:
Some of the advantages a trust may provide compared to the outright transfer of property:
Choosing an appropriate term for a trust:
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