AuthorContrarian thoughts on the world markets from Jon K. Hancock Archives
July 2023
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What is a Trust?3/15/2023 A trust is a legal arrangement for the transfer of property by a grantor to a trustee for the benefit of a beneficiary. There are many types of trusts to consider, each designed to help achieve a specific goal. With the current high federal estate tax exemption, the purpose of a trust today is more about retaining control over assets during the grantor’s life and upon the grantor’s death than creating an estate tax saving plan.
https://www.fidelity.com/viewpoints/personal-finance/reasons-to-consider-a-trust |