Estate planning is an integral part of financial planning for high-net-worth clients, and a critical component involves the use of trusts. The decision whether to choose a revocable or irrevocable ...

When planning for the future, many people use trusts as a way to manage their assets, avoid probate, and protect their loved ones. But not all trusts are created equally. Determining which estate ...

When it comes to estate planning, advisors and investors have a valuable tool in the revocable trust (or living trust) and irrevocable trust. Both types of trusts offer their share of benefits and ...

Trusts can be a great tool to simplify the process of moving assets between generations, helping avoid some of the costs and delays associated with the process. Revocable trusts are a useful solution ...

Thinking about setting up a trust for your family? Human nature being what it is, you might want to keep your options open by setting up a trust that you can change or cancel at any time. If your ...

Estate planning is critical to preserving generational wealth. For many families, a living trust can streamline the process of transferring wealth after you die by eliminating probate and minimizing ...

One might see references to a trust in publications or on television. This begs the question “What is a trust?” Merriam-Webster defines a trust as “property interest held by one person for the benefit ...

Revocable trusts offer flexibility but less protections. Irrevocable trusts limit your control but provide more protections. Work with an expert to help you decide which is best for you. Which type of ...

Keep up-to-date with everything that happens in your world.

The revocable living trust is also known as a living trust or inter vivos trust and serves as a flexible estate planning instrument, taking effect immediately after its creation. This means that ...

NASHVILLE, Tenn. (WTVF) — What is a trust and how can they be used in estate planning? On this episode of Retirement Report, host Hank Parrott is joined by Russ Cook, attorney with Cook Tillman Law ...