Month: January 2023

GRITs, also known as Grantor Retained Income Trusts (GRITs), are a type of estate planning tool used to transfer assets to a trust while still retaining the right to receive income from…

What You Need to Know About the Spousal Lifetime Access Trust (SLAT) Preserving intergenerational wealth means keeping costs low. The biggest costs most of us face are taxes. The estate tax will…

A durable power of attorney is a legal document that allows you to appoint someone else, known as your “attorney-in-fact” or “agent,” to act on your behalf in financial and legal matters.…

A trustee is a person or entity entrusted with assets to hold and manage for the benefit of the beneficiary. Trustees generally act under a fiduciary duty and can be a trust…