A trust led by billionaire entrepreneur and investor Dr. Herbert A. Wertheim paid $38 million for a recently renovated ...

The person who creates the trust, otherwise known as the settlor, does not have to reside in that state, but the trust should ...

The revocable trust, or living trust, is an agreement between the client (commonly called the settlor, grantor or trustor in the document) and the trustee (usually also the client), until his or ...

A revocable or living trust is subject to the settlor’s creditor’s claims even if it includes a spendthrift provision or references an intent to be subject to one. But if a settlor funds an ...

A revocable living trust is a legal document that allows a person, often called the grantor or settlor, to place assets into a trust during their lifetime for the benefit of themselves or others.

The Corporate Transparency Act (CTA), passed into law on January 1, 2021 in an effort to crack down on money laundering and other financial ...

Despite best intentions, it is impossible to entirely negate the risk of conflict arising from a family trust. By their ...

Goran13 / Getty Images A trust checking account is a bank account held by a trust, allowing trustees to pay incidental expenses and disperse assets to beneficiaries after a settlor's death.

Opinions expressed by Forbes Contributors are their own. I write about charitable giving and estate planning ideas. To understand the use of a tax reimbursement clause you need to first understand ...

Estate planners are tasked with ensuring that trusts are structured in a manner that aligns with CTA regulations, all while achieving the settlor’s estate planning objectives. Influence on ...

One path to consider is to underscore the importance of philanthropy in your letter or trust, suggesting that a portion of ...

A trust checking account is a bank account held by a trust, allowing trustees to pay incidental expenses and disperse assets to beneficiaries after a settlor's death. Trust checking accounts let ...