One of the main reasons I work hard and try to generate wealth is to be able to pass it on to my loved ones when I'm no longer with them. I know I'm not alone in this sentiment, either. Countless ...

An irrevocable trust, on the other hand, may be the better choice if your priority is reducing taxes and protecting assets.

They avoid probate and are private. Consult an expert to determine if it's right for you. Efficiency, privacy, flexibility are positive attributes for this wealth-passing strategy. This article is ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning is one of the hardest things you might ...

Wills and living trusts can serve the same purpose, but differently. Wills are generally simpler and less expensive than trusts. They are not mutually exclusive. You may want both. There's more than ...

Trusts can be a tool to cut inheritance tax - but a reader wants to know if they can use several at the same time ...

Inheritance can be a double-edged sword when you are on a means-tested payment from the Department of Social Protection ...

The will provides a clear legal framework for asset distribution post lifetime, while the trust acts as a long-term asset ...

A child's marriage can be one of the most hopeful and joyous occasions for a parent. Marriage can signify to a parent the official end of childhood and the start of adulthood where a mature child has ...

While many Americans might not be familiar with international cross-border planning, they might be familiar with the term “offshore banking,” which usually attracts connotations of something out of a ...