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A previous blog posted “Naming a Trust as Beneficiary of Retirement Benefits,” discussed the usefulness of a Conduit Trust (or “See-Through” Trust) as a beneficiary of one’s qualified retirement plan or IRA benefits for ultimate distribution to the trust’s named individual beneficiary (“designated beneficiary”). Under the Conduit Trust, the trustee […]
Estate taxes. You think you don’t need to be worried about them because you’re not rich enough – at least according to the Federal Estate Tax laws. You see, to be rich enough to be concerned about Federal Estate Taxes at your death, you would need to have an estate […]
It’s official: Prince died without a Last Will and Testament. The singer apparently left no other controlling testamentary substitutes or trusts. The next few months will determine whether Prince’s estate is the next in a string of high-profile messy estate administrations. For many fans it is quite shocking that an […]
(This Article was originally featured in Trusts & Estates Magazine – March 2014 Edition. A PDF of this article can be downloaded here – Dead Or Alive Article ) A divorced client who goes to an attorney for estate planning may hope that the process runs smoother than her divorce. Unfortunately, […]
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