3 Major Mistakes to Avoid with Trusts: How to Prevent a Trust from Going ‘Bad’
Trusts can be effective estate planning devices for transferring assets, avoiding probate and reducing estate tax obligations. If, however, trusts are not properly set up and maintained during a trustmaker’s lifetime, costly mistakes can happen, potentially negating any benefits associated with having the trust. To help people avoid these pitfalls, the following reveals some of … Read more