Death of the Special Needs Trust
By DouglasTurner.com • May 28th, 2008 • Category: Estate Planning & Colorado ProbateComing soon to a state near you is the demise of the third party special needs trust. Here is why and what to do about it.
Coming soon to a state near you is the demise of the third party special needs trust. Here is why and what to do about it.
According to Wikipedia, Bill Gates is now worth about 56 Billion dollars. Query: If Bill Gates had placed his Microsoft stock in an asset protection trust when the company began, how much would he have saved in estate taxes? Answer: Roughly 20 billion dollars.
Pre or post marital agreements define the rights of each spouse in the event of divorce or death. Any couple with a marital agreement should have a will. Here is why.
What to Expect From an Estate Plan
An estate plan is more than a will or a living trust. It is a combination of many documents. Many people are surprised to learn just how many documents are involved. Here is what you should expect to receive in any estate plan:
What to Expect from a Will-Based Plan [...]