Online Finance Resources
Product Description
An easy to read reference that contains forms and explanations of current law in Massachusetts for such important topics as healthcare proxies, living wills, estate planning, medical rights, and funeral arrangements.
Product Description
Let’s face it: you can’t avoid death or taxes. But you can create an estate plan that will make both a whole lot easier for your loved ones and put you in control of how your assets will get passed to your heirs.
Here, Wall Street Journal personal-finance reporter Rachel Emma Silverman walks you step-by-step through the process. Chock-full of clear and solid advice on how to get the most out of the main estate planning tools – including wills, trusts, life insurance, guardianship papers, and powers-of-attorney documents – the Wall Street Journal Complete Estate-Planning Guidebook will help make your estate-planning process as simple, smooth, and unintimidating as possible.
What’s a Trust?
A Trust, generally, is a legal entity that can hold title to property. There are three parties to a Trust agreement: the Trustmaker who creates the Trust, the Beneficiary who receives the good thing about the property held within the Trust, and also the Trustee who manages the Trust. The property that’s transferred to and held by the Trust becomes the Trust principal. If you create a Trust inside your Will, it is called a Testamentary Trust. If you create a Trust while you are alive, it’s known as an inter vivos or Living Trust.
Product Description
Plan your estate and save yourself and your family a fortune.
This revised fourth edition from estate-planning expert Harvey J. Platt details the most up-to-date strategies for using a living trust to create a flexible estate plan. With explanations of the latest tax laws, including the new Tax Relief Act, changes to the gift and generation skipping tax laws, and the new unified tax schedule rate. This book maps out the most effective techniques for saving money and property and provides the essential details of successful estate planning.
