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The Tangled Web of Gene Hackman and his Family

Gene Hackman was a well-known actor, best known for his roles of playing both seriously tough and funny characters. In February 2025, the actor passed away, but controversy...

What are the similarities and differences between an Irrevocable and a Revocable Trust?

When it comes to making an estate plan, you often hear about people creating trusts. The two most common trusts mentioned are Irrevocable Trusts and Revocable Trusts. Similarities...

Trusts: Revocable vs Irrevocable

A trust can become an important part of your estate plan. There are different types of trusts, and each type comes with its own benefits. Which type is...

What is a special needs trust?

If you have a disabled child, grandchild or close family member and are concerned about their care after you pass away, there is a special kind of trust...

Trust funding is essential

While there are a multitude of different trust types, they all have one thing in common: Every trust must be “funded” with assets in order to receive the...

Advantages of irrevocable “gifting” trusts

Individuals often wish to make lifetime gifts to their loved ones as part of their estate plan. They frequently desire to make direct gifts to their beneficiaries because...

How does a pooled trust help someone with special needs?

Your loved one with special needs must follow the rules in order to remain eligible for certain government programs. A pooled trust provides the beneficiary the opportunity for...

How do first – and third-party special needs trusts differ?

When you have a child with special needs, you may need to take extra steps when working on your estate plan so that you may preserve your child’s...

Income Tax Rates for Trusts and Estates 2020

The IRS has enacted revenue procedure 2019-44 which updates rules in the tax code, which updates include regular adjustments for inflation. Included in these updates are adjustments to...

Income Tax Rates for Trusts and Estates 2019

Update: Here are the 2020 income tax rates for trusts and estates The IRS has enacted revenue procedure 2018-57 which updates rules in the tax code, which updates...

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