5 TIPS ABOUT WILLS VS TRUST YOU CAN USE TODAY

Charitable Remainder Trusts: A charitable remainder trust is often a tax-exempt and irrevocable trust. They may be used to lessen the taxable earnings of the trustor. To set a single up, the donor tends to make a present of assets towards the trust, providing a partial tax deduction.A Revocable Living Trust avoids the general public probate process