A possible benefit of setting up a trust is avoiding estate taxes. So long as the trust is irrevocable and you also relinquish control of it, it might minimize estate tax legal responsibility. But revocable trusts remain Portion of the taxable estate. Often an individual is undoubtedly an income beneficiary, https://estateplanningandtrusts08393.blogvivi.com/39836695/5-simple-techniques-for-legal-plans-review