Irrevocable Trusts Hit the Top Tax Brackets at $15,200
Capital gains tax and trusts interact in ways that standard financial advice rarely captures accurately.
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What Does U/A/D Mean on a Trust Document?
U/A/D means "Under Agreement Dated." Full stop. It is standard legal shorthand identifying a specific trust instrument by its execution date, not a category of beneficiary or trust type.
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Nebraska Inheritance Tax Falls on Heirs, Not the Estate
Nebraska is one of only six states that still impose an inheritance tax, according to the Tax Foundation.
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Can You Refinance a House in an Irrevocable Trust?
Yes, refinancing a house in an irrevocable trust is possible. It is also materially harder than refinancing property you hold outright, and the costs can surprise even sophisticated owners.
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New York's Estate Tax Cliff Makes Irrevocable Trust Planning Near-Mandatory
New York state irrevocable trust laws sit at the intersection of two tax regimes, a unique estate tax cliff, and statutory provisions that most advisors in other states have never encountered.
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Can You Rent a House That's in an Irrevocable Trust?
Yes, renting a house held in an irrevocable trust is generally permitted, but the tax consequences depend heavily on how the trust is structured.
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When Dividing a Trust Into Sub-Trusts Pays Off at $5M+
Dividing a trust into sub-trusts is not a general-purpose estate planning tactic.
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How Common Trust Funds Differ from Mutual Funds
Common trust funds are pooled investment vehicles maintained exclusively by banks and trust companies for assets held in a fiduciary capacity.
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You Can't Gift Directly From an IRA to Family
Here is the first thing your estate attorney should have told you: you cannot gift directly from an IRA to a family member.
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Can an Irrevocable Trust Use a Social Security Number?
The short answer: most irrevocable trusts cannot use a Social Security number and must obtain their own Employer Identification Number.
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How the Slayer Rule Blocks Killers from Inheriting
The slayer rule in inheritance law bars anyone who feloniously and intentionally kills a decedent from receiving any benefit from that death.
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How to Execute a Living Trust After Death in California
Living trust execution after death in California follows a defined legal sequence, not a vague administrative process.
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