trusts

What you should know about spendthrift trusts

Do you want to make a trust for your child, but you want to keep him or her from squandering the inheritance? If so, a spendthrift trust might be the way to go. This type of trust ensures that the beneficiary will not be able to mishandle your assets. While a...

Understanding the basics of trusts

Trusts are a valuable estate planning tool to include in an estate plan. For that reason, all estate planners should be familiar with the basics of trusts and how a trust may be able to help ensure their wishes for their estate are fulfilled if they decide to include...

Taking care of a child with special needs

The care and attention that loved ones give to a child with special needs does not end when they grow up. Fortunately, there are government programs that can give basic support to such individuals for food, clothing and shelter. But the assistance may not provide...

What are your options for trusts?

You feel ready to tend to your estate plan, and you learn about wills and trusts. Do you understand the different trust options? CNN Money describes multiple legal entity types. Determine which suits your needs most favorably. Revocable/Irrevocable With a revocable...

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