Family Trust Documents

Estate Plan Legal Documents for a Successful Family Legacy

Learn About Estate Plan Documents

Most traditional estate plan legal documents are adequate, because they: Maximize tax savings (not big issue these days). May or may not provide maximum Medicaid or divorce protection for children or surviving spouse (can be built in). Financial assets invested responsibly (growth and risk factors vary for younger inheritors). Financial side 80%-100% prepared. Meet standard…

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Will vs. Trust – A Comparison

When you begin to plan for the future disposition of your estate and assets, the first thing to decide is if you want to set up a will or a trust to guide that process. Compare Benefits of Will-Based vs. Trust-Based Plans There are benefits to both a will-based estate plan and a trust-based plan:…

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Types of Family Trust Documents

Learn About Trust Documents

The types of family trust documents you need depend on the context in which you apply the term "family trust." If a family trust is from a family trust-based plan, then you need a power of attorney, a pour-over will, healthcare disclosure documents, and a living trust. If a family trust stems from a will-based…

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Types of Family Trust Documents

Learn About Trust Documents

The types of family trust documents you need depend on the context in which you apply the term "family trust." If a family trust is from a family trust-based plan, then you need a power of attorney, a pour-over will, healthcare disclosure documents, and a living trust. If a family trust stems from a will-based…

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W-9 Form To Apply For A Taxpayer Identification Number (TIN)

Taxpayer Identification Number Requirement

To help you set-up an irrevocable family trust, here are a few IRS links for information about acquiring a Taxpayer Identification Number (TIN) and for downloading the required W-9 form: U.S. Taxpayer Identification Number Requirement Taxpayer Identification Numbers (TIN) Form W-9 (PDF – Rev. August 2013)

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Documents that Should be Part of Everyone's Estate Plans

A living trust is more expensive to set up than a testamentary trust, but without a trust or will, if beneficiaries of a life insurance policy are under 18 years old, for example, the estate will have to go through probate. The cost to probate the … Read more: Documents that Should be Part of…

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Documents that Should be Part of Everyone's Estate Plans

A living trust is more expensive to set up than a testamentary trust, but without a trust or will, if beneficiaries of a life insurance policy are under 18 years old, for example, the estate will have to go through probate. The cost to probate the … Read more: Documents that Should be Part of…

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Picture This: Your Family Legacy is More Than Trust Documents …

Many families consider their legacy planning complete once their Will and Trust Documents are delivered for signatures. My experience with clients is one of change and modification. There are subtleties that are often not present … Read more: Picture This: Your Family Legacy is More Than Trust Documents …

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