Editor’s note: This is part six of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...

Irrevocable trusts appear, by definition, to be unchangeable and inflexible. But are they? As high-net-worth individuals consider strategies for taking advantage of the higher estate-tax exclusion ...

Although trusts and other legal documents have generally improved to include more “plain English” rather than complicated legalese, trusts share some common terms and provisions. There are three main ...

The revocable living trust is also known as a living trust or inter vivos trust and serves as a flexible estate planning instrument, taking effect immediately after its creation. This means that ...