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My sister inherited $350,000 from her father’s estate, but her husband was diagnosed with dementia....
MarketWatch via Yahoo Finance· 9 hours ago“Her home has always been in her name only, and it was not commingled with her husband’s finances.”...
Revocable or Irrevocable: Which Trust Should You Trust With Your Money?
Motley Fool· 10 months agoA trust is a fiduciary arrangement that allows a third party -- the trustee -- to hold assets on...
Should I Decant a Trust?
SmartAsset via Yahoo Finance· 1 year agoWhen you create an irrevocable trust, usually, the terms are set in stone. But what happens when you need to make adjustments due to significant life,...
Our father died, then our stepmother passed away. Will my siblings and I owe taxes when we sell...
MarketWatch via Yahoo Finance· 2 months ago“I believe the cost basis is the value of the house upon my father’s death, when the house went from...
The pros and cons of funeral trusts
Bankrate via Yahoo Finance· 9 months agoKey takeaways Funeral trusts are legal agreements between a trustor, trustee, and one or more beneficiaries that establishes prepayment of funeral plans...
What Is a Family Trust, and How Do You Set One Up?
SmartAsset via Yahoo Finance· 1 year agoTrusts are used to manage estate taxes, shelter assets from creditors and pass on wealth to future generations. A family trust is a specific type of...
How Can I Guard My Assets From Nursing Homes?
SmartAsset via AOL· 2 months agoPaying for a nursing home can seriously deplete your retirement savings. The government-funded Medicaid program can pay some or all nursing home costs,...
Can Offshore Trusts Protect Your Money When You Die?
SmartAsset via Yahoo Finance· 2 years agoAn offshore trust is a tool used for asset protection and estate planning that works by transferring assets into the control of a legal entity based in...
More Americans are dealing with tax filings for trusts as older boomers pass away
Yahoo Finance· 1 year agoMore Americans are dealing with estate and trust taxes as their baby boomer parents and older loved...
Can Revocable Trusts Protect My Assets From Creditors?
SmartAsset via Yahoo Finance· 9 months agoRevocable trusts, otherwise known as "living trusts," do not protect your assets from creditors. In...
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