Special Needs Trusts: Powerful Planning Tools For Disabled Individuals
- Reciprocity Is a Virtue, But Maybe Not in Estate Planning! Gallo, Jon J. // Journal of Financial Planning;Dec2012, Vol. 25 Issue 12, p28
The article surveys U.S. legal precedents regarding reciprocal trusts, and considers their implications for married couples. Cases discussed include "Lehman v. Comm'r" from 1940, which considered a pair of irrevocable trusts two brothers had created for each other, and "U.S. v. Estate of Grace"...
- 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...
- Setting aside money for later generations. // Medical Economics;12/5/2008, Vol. 85 Issue 23, p28
The article provides answers to questions related to money management in the U.S., including dynasty trust, rules on deducting a stock purchase and when to send money for the 401(k) plan.
- A Guide to Trust Decanting. Melcher, Peter J.; Keebler, Robert S.; Oshins, Steven J. // Trusts & Estates;May2015, Vol. 154 Issue 5, p15
The article looks at the ways decanting, an act of distributing the assets of an old trust to a new one with more desirable terms, can be used to improve a trust in the U.S. Topics discussed include need of decanting for correcting drafting errors, role of decanting trusts in asset protection;...
- Survey: Few 401(K) trustees are insurers. // Best's Review / Life-Health Insurance Edition;Jan1998, Vol. 98 Issue 9, p66
Presents survey results related to 401 (K) plans in the United States. Types of organizations serving as plan trustees; Average participation rate in 401 (K) plans; Permitted percentage of pretax contribution; Charges for loan provisions.
- Health plan trustees face liability as fiduciaries. Knowles, Robert G. // National Underwriter / Life & Health Financial Services;12/5/94, Vol. 98 Issue 49, p51
Reports on the fiduciary complaints filed against health plan administrators and trustees by employees in New Orleans, Louisiana. Legal risks for welfare benefit plans; Managed care practices in employee benefit plans; Organization of physician networks.
- The dynasty trust. Engel, Ralph M.; King III, Al W. // CPA Journal;Sep96, Vol. 66 Issue 9, p16
Discusses the mechanism of trusts used to defer the payment of estate taxes in the United States. Exemptions from the tax on generation-skipping transfers; Restrictions on trusts; States that do not require trusts to end at any predetermined time; Benefits of dynasty trusts in estate planning.
- Putting trusts in your estate planning. Rowland, Mary // Nation's Business;Jun96, Vol. 84 Issue 6, p63
Presents tips on estate planning. Eight trusts for tax savings; Bypass trust; Q-tip trust; Irrevocable life-insurance trust; Irrevocable asset trust; Grantor-retained annuity trust; Grantor-retained unit trust; Charitable lead trust; Charitable remainder trust.
- Trust-Busters. Croke, Frank // Financial Planning;Mar2000, Vol. 30 Issue 3, p59
Offers information on the most commonly neglected options that result in errors found in trusts in the United States. Right to state in the trust the annual income the surviving spouse is to receive; Right to state in the trust how funds should be invested; Right to change the state controlling...