Archive for September, 2014

Living Trust 101: Disclaimer or Flex Trust

  • September 23rd, 2014
  • Katherine Becker
Living Trust 101: Disclaimer or Flex Trust

In the first part of our three-part series on living trusts and how they can help families, we discussed and gave examples of the Traditional AB Trust or QTIP Trust. As we wrote in that post, living trusts can provide protection for your family or spouse after your death. It can also help to avoid probate and some taxes, provide a way to choose beneficiaries, and allow you to easily make changes to your estate planning when circumstances change. This post will look at the second type of trust that a married couple with children might choose.

Living Trust 101: AB Trust or QTIP Trust

  • September 9th, 2014
  • Katherine Becker
Living Trust 101: AB Trust or QTIP Trust

In this first of a three-part series of posts, we will look at the types of living trusts. Living trusts are useful in many different situations and for many purposes. A trust can provide protection for your spouse after your death, even in the event of your spouse’s subsequent incapacity. It can also provide a system to avoid probate and some taxes, provide a way to select beneficiaries and avoid family conflict, and allow you to easily make changes to your estate plan when and if your circumstances change.