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Why more families are setting up trusts ahead of inheritance tax changes
Advisers have said that clients are looking to protect their wealth and mitigate tax liabilities before changes are set to ...
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 those things that's ...
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What happens to a trust after the grantor dies?
A trust is used to control how assets transfer after death. When the grantor dies, the trust becomes an active legal entity.
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 ...
Living trusts are legal documents that are important estate planning tools for many families. These documents are popular mainly for their flexibility, customization, and control. Living trusts can ...
“With the IHT nil-rate band frozen for more than 15 years and the tax base being widened through successive policy changes, ...
A living trust allows you to avoid the probate process. Unlike a will, the public record doesn't include information about a living trust. Living trusts can be changed or revoked entirely while you're ...
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