While an irrevocable trust may help with asset protection and lower estate burdens, they may not be right for everyone. Once the trust is created and assets are put in it, the assets belong permanently to the trust until distributed to the beneficiary. An irrevocable...
Month: August 2016
Using a trust protector to help manage a trust
Georgia residents who are creating a trust as part of their estate plan might be concerned about disputes that may arise around the trust or that their intentions might not be carried out. A trustee is the person who administers a trust, but a trustee might run into a...
When to make a trust in Georgia
For many people, a will is sufficient for estate planning purposes. However, there may be situations when a living trust better fits an individual's needs. For instance, those who care about their privacy may want to create a trust. Assets in a trust generally don't...
