This ascertainable standard is frequently used by estate planners to determine how and when a trustee may make distributions, ...

A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...

I want to have a plan in place to make sure my daughter is taken care of if I die, so I'm making setting up a trust a ...

Bottom line Simply put, a beneficiary receives your assets after you die. It can be an individual, a charity or a trust that you've set up. You can have one beneficiary for an account or other ...

Your investment account’s transfer process after death depends on how you’ve set it up – from quick transfers with proper ...

In reality, life tends to become much more complicated when a trust or estate is named as a retirement account beneficiary—but that doesn’t mean the inherited IRA funds will automatically be ...

An irrevocable trust is an essential tool in the kit of most estate planners, not only for sheltering assets from future ...

The probate process often lasts a year or more, and if a beneficiary of an estate dies before full distribution of their ...

A Qualifying Terminable Interest Property (QTIP) trust can be an advantageous tool for married couples to utilize as part of ...

The purpose trust owns the voting and control rights of the operating company. It replaces the human owner with a non-human ...