A trust is a legal agreement establishing how assets will pass from one owner to another when certain conditions are met.

Revocable trusts can go by other names like living trusts, inter vivos trusts or even “loving” trusts, but their purpose is the same: to address the problems that traditional last wills and testaments ...

The new year 2026 or straightforward concept. number 2026 written on the road in forest. planning and challenge, business ...

Trusts are ubiquitous in planning, and one of the most common motivations for the use of trusts is to minimize the risk that a future divorce of a trust beneficiary will expose trust assets to the ...

Revocable trusts allow asset control during a grantor's life and avoid probate after death. Assets in revocable trusts can generate income for the grantor until they pass away. Setting up a revocable ...

Senior couple using laptop with their financial advisor during a meeting. For many families, trusts can be a useful vehicle for passing wealth to the next generation or generations. That’s not their ...

Revocable trusts offer flexibility, allowing changes at any time, but do not protect from creditors or taxes. Irrevocable trusts lock in decisions and shield assets from lawsuits and estate taxes, but ...

New York's elderly population is expanding, with individuals living longer in the aging Baby Boomer generation. This growth has led to more people suffering health and incapacity incidents, more ...

Learn about gifts in trust and how they help distribute assets according to the grantor's wishes and protect wealth for future generations.