Trusts

Asset-Based Charitable Giving: Maximizing Impact in Retirement

Enter asset-based charitable giving. This approach lets individuals use their assets, such as stocks or real estate, to boost their charitable impact. Oh, and did we mention it also reduces taxes?

What Is a Charitable Trust?

A charitable trust uses its assets to support one or more philanthropic organizations.

How Charitable Trusts Can Simplify Estate Planning

Today, many older adults approaching retirement face the challenge of balancing financial security with their desire to create lasting impact. While traditional giving often focuses on cash donations, asset-based giving through charitable trusts offers a powerful alternative that can benefit both your family and the causes you care about most.

charity money paper heart with text charity and coins

What Is a Grantor Trust and How Does It Work?

What is a grantor trust? Can it help you bypass probate and reach your estate planning goals?

Revocable Living Trusts: The Good, The Bad, and The Ugly Truths for Estate Planning

I’ve helped countless clients set up estate plans over my many years as a financial advisor. In deciding the right approach, one of the biggest considerations is whether to use a revocable living trust or simply leave things to a will. There are good reasons to go either way. To help you make up your mind, let’s take an in-depth look at the key pros and cons of using a revocable living trust as part of your estate planning process.

A/B Trusts, Protect Your Assets and Avoid Probate

Using this little-known estate planning technique, you not only avoid probate, but the Credit Shelter “B” Trust can also grow to unimaginable sums with absolutely no future federal or state estate taxes.

Is a Trust Right for Your Estate Plan?

There are a number of different types of trust options available when it comes to estate planning, and it can be difficult to know which one is best for your needs. Here’s an overview of the most common types of trusts and what they offer.

What Are Charitable Trusts?

In estate planning, charitable trusts offer tax benefits, asset protection, and provision for heirs while supporting charitable organizations. They are particularly advantageous for high-net-worth individuals balancing philanthropic goals with financial planning. By incorporating charitable trusts into their estates, individuals can achieve both personal and philanthropic objectives, creating a lasting legacy.

piggy bank with hearts and hands symbolizing charity

Trusts in Estate Planning: 6 Things You Need to Know

Creating a well-crafted estate plan often involves establishing a trust. A trust is a fiduciary relationship where you give a third party, the trustee, the authority to hold and manage your assets on behalf of the trust’s beneficiaries. Trusts are versatile and can be used in many ways. They can reduce estate taxes or help you control your finances, for example. Here are 6 more things you should know about adding trusts to your estate plan.

What Are the Roles of Wills and Trusts In Estate Planning?

Wills and trusts are two primary tools that individuals use in estate planning to ensure their assets are managed and distributed as intended after their death.

How Does a Trust Work?

Trusts serve as robust legal tools that facilitate the holding, managing, and distributing of assets. Whether aiming to protect wealth, ensure privacy, or manage tax implications, trusts offer a versatile solution to meet various estate planning needs.