From Your Colleagues
- The New Estate Planning Dilemma: Simplicity or Asset Protection? Gardner, Randy; Daff, Leslie; Dymond, Lew; Welch, Julie // Journal of Financial Planning;Jun2013, Vol. 26 Issue 6, p42
The article discusses estate planning for the large majority of people in the U.S. who will not be subject to estate taxes. It is noted that those seeking administrative simplicity will likely forgo a combination of a survivor's and bypass trust in favor of just a survivor's trust. Commentary is...
- Splitting wealth has tax advantages. Tippins, Mark // Southeast Farm Press;12/5/2007, Vol. 34 Issue 27, p33
The author discusses the unlimited marital deduction and the benefits it offers. He also talks on the importance of establishing and funding a trust, the Family Trust and the Spousal Trust, to create an estate plan. It aims to leave the maximum amount in the Family Trust share and give...
- Incentive Trusts Don't Provide The Best Motivation. HANDLER, DVID A.; LOTHES, ALISON E. // On Wall Street;Jun2009, Vol. 19 Issue 6, p80
The article argues that principle trust funds are better than incentive trust funds in motivating a beneficiary of the fund. According to the author, certain factors like disabilities or different capabilities may actually defeat the intended purpose of trust funds, which is to motivate the...
- How Trusts Work---A Primer. Platt, Harvey J. // Consumers' Research Magazine;Jul2003, Vol. 86 Issue 7, p22
Discusses trusts, a tool for estate planning. Key reason for creating a trust; Terms and requirements for establishing a trust; Examples of trust provisions; Income taxation of trusts.
- Trust and Trustees. DeFrancesco, Roccy // Financial Planning;Dec2004 Supplement, Vol. 34, p13
Discusses the roles of trusts and trustees in the most common estate planning scenario. Kinds of trusts; Purposes of living trusts; Typical trustee responsibilities.
- ESTATE PLANNING IN '08ï¿½: How Flexible Can You Be? Hersch, Warren S. // National Underwriter / Life & Health Financial Services;1/14/2008, Vol. 112 Issue 2, p12
The article discusses the significance of the trust protector as a tool for legal works for estate planners in the U.S. A trust protector is a person or corporation who, depending on the terms of the trust, can swing into action to fix document errors or ambiguities, revise language to conform...
- Use an incentive trust to motivate. Grill Jr., Norman G. // Fairfield County Business Journal;10/13/2008, Vol. 47 Issue 41, p17
The author explains the use of an incentive trust in estate planning. He claims that an incentive trust sets guidelines for how a beneficiary becomes eligible to benefit from the trust. He says that through an incentive trust, a testator does not only transfer wealth to his beneficiaries but...
- Getting A Second Opinion On Your Plan. Blackman, Irving L.; Whitlock, Brian // Modern Machine Shop;Mar2006, Vol. 78 Issue 10, p36
This article focuses on establishing a complete estate plan. The factors to consider in developing a complete estate plan are provided. The importance of subtrust to profit-sharing plan is mentioned. The significance of a family limited partnership to estate planning is stated.
- Increase Your Business by Correcting Poorly Planned Trusts. Croke, Frank J. // Journal of Financial Service Professionals;May2001, Vol. 55 Issue 3, p116
Credit shelter trusts are the starting point for estate planning, yet many trusts fail to properly provide for the surviving spouse and children. This failure occurs because key financial and management options are not considered. Once these omissions have been recognized, the potentially...