Decanting Trusts, Trust Modification, Irrevocable Trust, IRT, Estate Planning, Tax Planning,
By Whitney L. Sorrell, JD, CPA, MBA | Contributing Guest Writer, Sorrell Law Firm, PLCDecanting is an increasingly popular way to add flexibility to irrevocable trusts (IRT). It's also a...
Asset Protection, RLT, IRT, Bloodline Protection,
by WealthCounsel StaffAsset protection planning is a growing concern for many clients—and not just for the ultra-wealthy. Here's why:• Divorce rates in the U.S. over 50%;• Clients concerned about bloodline...
Wealth Docx, RLT, Revocable Living Trust, IRT, Irrevocable Trust,
Decanting Trusts, Irrevocable Trusts, IRT, Estate Planning,
by Matthew T. McClintock, JD | Vice President of Education, WealthCounselIn Part I of this series on Trust Modification, I addressed the first three — the simplest— modification options: Reformation...
IRT, Irrevocable Trust, Trust Modification,
by Matthew T. McClintock, JD | Vice President of Education, WealthCounselCircumstances change. That's life. Whether it's tax implications brought on by ATRA or a client's needs change, there are options...
IRT, Trust Modification, Wills and Trusts, Thought-Leader Series, Irrevocable Trust,
Swap powers, Irrevocable Trusts, IRT, Basis, Estate Planning,
by WealthCounsel StaffSwap powers are an important but often overlooked opportunity in estate planning. Attorneys working with clients to maximize tax savings and preserve assets should be aware of the...
Wealth Docx, Wills and Trusts, Standalone Retirement Trust, Hybrid Domestic Asset Protection Trusts (HDAPT), Irrevocable Trust, Revocable Living Trust, IRT, RLT, SRT,
Wealth Docx, Wills and Trusts, Wills, Trusts, RLT, Revocable Living Trust, Asset Protection, Asset Protection Trust, IRT, APT,
Wealth Docx, Trusts, IRT, Irrevocable Trust,
Irrevocable Trusts, IRT, Asset Protection,
By: Matthew T. McClintock, J.D., Vice President, Education, The WealthCounsel CompaniesThe uncertainty of the pre-ATRA transfer tax system motivated many clients with higher net worth to implement sophisticated, multi-layered estate...
Irrevocable Trust, IRT, Trust Modification, Trust Protector, Decanting Trusts,
by Matthew T. McClintock, JD | Partner, Evergreen Legacy LawDespite its name, it is a myth that Irrevocable Trusts (IRTs) cannot be modified. When circumstances change that impose new adverse...