by admin | Jul 10, 2021 | Trusts
Provided by Edward Jones Financial Advisor, Gabe Lajeunesse, AAMS® If you’re extremely busy with your career and family and you’ve accumulated a fair amount of assets, you might be concerned about a variety of issues related to financial management and legacy... by admin | Jul 7, 2021 | Trusts
Passing assets to your grandchildren can be a great way to ensure their future is provided for, and a generation-skipping trust can help you accomplish this goal while reducing estate taxes and also providing for your children. A generation-skipping trust... by admin | Jun 1, 2021 | Special Needs, Trusts
A recent felony charge against the mother of a special needs child in Minnesota offers a good reason why an independent trustee of a special needs trust, or at least oversight over a family member serving as trustee, may be a good idea. Pamela Fischer, 66, of... by admin | May 10, 2021 | Special Needs, Trusts
A New Jersey man has been charged with stealing $330,000 from the special needs trust (SNT) of a man living in a long-term care facility. The case highlights the importance of having a professional trustee manage an SNT. According to a criminal... by admin | May 1, 2021 | Estate Planning, Trusts
With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you can take to keep your estate from being taxed. An irrevocable life insurance trust allows you to pass on money to your heirs while avoiding both the federal... by admin | Apr 28, 2021 | Estate Planning, Trusts
Parents and other family members who want to pass on assets during their lifetimes may be tempted to gift the assets. Although setting up an irrevocable trust lacks the simplicity of giving a gift, it may be a better way to preserve assets for the future. A...