Spousal Lifetime Access Trust Can Provide Financial Backup Plan

Some of the most effective estate planning strategies involve setting up irrevocable trusts. For a trust to be deemed irrevocable, you, the grantor, lose all incidents of ownership of the trust’s assets. In other words, you’re effectively removing those assets from your taxable estate. But what if you’re uncomfortable placing

2021-04-12T14:54:12-06:00June 2nd, 2020|
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