Description
Providing the building blocks to ensure the validity and integrity of the most commonly used trusts in estate planning, Trusts includes more than 30 different types of trusts. The trusts are conveniently organized into three easy-to-use categories: revocable, irrevocable, and corporate trusts. This text helps you determine when each trust should be used based on your clients needs and circumstances. Each form is accompanied by commentary that: Analyzes tax implications Defines trust properties Explains optional clauses Outlines trust requirements Provides practice tips and notes Discusses trust funding Tables necessary for drafting GRIT trusts, plus alternative trust language and planning issues, and practice notes are included.
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