If you're new at leading or managing, you need tangible, real-world information about all sorts of topics to enable you to succeed as a newly appointed leader. But, one of the first topics on your ...

The basics of trusts are easy to understand. Trusts are legal entities that allow one party to manage assets for the benefit of another. They involve three key roles: the grantor who establishes the ...

Grantor trusts allow for tax deductions on income generated by trust assets whereas non-grantor trusts do not allow for these deductions. It is crucial for people to carefully decide which type of ...

My clients sometimes come to me because somebody (a neighbor, their hair dresser, a radio commercial) has told them they “need a trust.” This is a little bit like going to the doctor and saying “I ...

As we talked about in my last column (Trusts 101: Trust Basics), a revocable living trust is like an empty box. (And if you are still holding the box, it’s okay to put it down now to read this article ...