Trusts can be drafted to be quite flexible. This article by my friend and colleague Steve Hartnett, an estate planning expert, examines several ways you can add flexibility to your trust. This added flexibility will increase the usefulness of your trust.
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
Latest posts by Timothy P. Murphy (see all)
- Understanding the Importance of the Simultaneous Death Act - September 25, 2023
- IRS Confirms Grantor Trust Status Alone Does Not Cause a Step-Up in Basis - September 23, 2023
- National Make-a-Will Month - September 21, 2023
Leave a Reply
You must be logged in to post a comment.