A possible good thing about setting up a trust is steering clear of estate taxes. Providing the trust is irrevocable and you relinquish control of it, it might cut down estate tax liability. But revocable trusts are still Portion of the taxable estate. A revocable living trust also ensures somebody https://devinqnhat.wikipublicist.com/5808796/not_known_details_about_legal_general_high_income_trust