Trusts — page 5
-
Should You Incorporate a Qualified Spousal Trust into Your Estate Plan?
In 2011, the Missouri legislature enacted a law that enabled married couples to transfer property to a Qualified Spousal Trust (“QST”) and the property inside the QST would enjoy the same immunity from creditor claims… Read “Should You Incorporate a Qualified Spousal Trust into Your Estate Plan?”
-
Making Sure Your Furry Friend is Taken Care Of – Benefits of a Pet Trust
For many people, a pet is like a child. In fact, family pets are often referred to as “fur babies.” Just like a child, there needs to be a plan in place to make sure they are taken care of, in case you suddenly pass on… Read “Making Sure Your Furry Friend is Taken Care Of – Benefits of a Pet Trust”
-
Tips on What to Look For When Selecting a Trustee
If you have a trust as part of your estate plan, you will need to select someone, whether it be a friend, family member, or colleague, to serve as the trustee. This is a critical step because the trustee is obligated to… Read “Tips on What to Look For When Selecting a Trustee”
-
IRAs and Revocable Living Trusts
When you pass on, you want your loved ones to get your assets in the most cost-effective, time-efficient manner possible. To accomplish this objective, you may be looking to avoid probate and placing a majority of your… Read “IRAs and Revocable Living Trusts”