Category: Living Trust

The Basics of Setting Up a Trust for Estate Planning

April 6, 2017 Victor Medina Advanced Estate Planning, Estate Planning, Living Trust, Special Needs Trust, Trusts 0 Comments

A trust is a relationship in which one person’s assets are held inside for the intention of passing on to specific beneficiaries. One of the primary reasons that people choose to use a trust is because the assets no longer belong to a grantor after they have been transferred into the trust. You can also […]

Major Wealth Transition Expected to Occur in Next Few Decades

March 2, 2017 Victor Medina Estate Planning, Estate Tax, Living Trust, Trusts 0 Comments

An inter-generational transfer of wealth can be extremely complicated and it can be risky for everyone involved. Without proper planning, passing on a large amount of wealth could generate tax and other financial consequences for those receiving the benefits and those passing them on. It is expected that in the next forty years, nearly $32 […]