beneficiaries
| by Lindsay & Allen Law Firm | Probate and Trust
Clients sometimes request irrevocable trusts for estate tax avoidance, creditor protection, or other purposes. Because of the loss of control associated with irrevocable trusts, clients often ask whether anything can be done to address future uncertainties. One answer to this question is the use of a ‘Trust Protector’. Properly structured, a trust with a Trust […]
Tags: beneficiaries, trust, trust protectors, trustee
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| by Lindsay & Allen Law Firm | Estate Planning
Beneficiary designations are a common element in estate plans. We have opportunities to set up these arrangements when purchasing life insurance, setting up retirement plans and bank accounts, and on other occasions. It is a good idea to slow down and think about beneficiary designations. Correctly used, beneficiary designations can be a great convenience that […]
Tags: asset protection, beneficiaries, beneficiary designation, estate planning, pod, property, taxes, tod, trust
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