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A recent CCM from the IRS raises questions about modification of irrevocable trust, which is often the role of a Trust Protector. Here is a summary of what a Trust Protector is and how it is used in irrevocable Trusts.
Corporate Transparency Act - What you need to do. Practical advice as to simplifying and practical suggestions for Reporting Companies and Beneficial Owners.
The estate planning world certainly saw its share of turbulence from 2020-2022. With two significant elections, it is hard to remember a previous time with such substantial uncertainty...
Answers to some of advisors' most frequently asked questioned about this powerful role.
Families fight. That is inevitable. Naturally, when a family-owned business or a family trust is at issue, some level of conflict is to be expected. When these conflict-prone structures...