Trust & Estate Planning
Estate planning
Estate planning strategies are like tools in a toolbox: Different tools do different jobs. Deciding which estate planning strategies to employ depends on any number of personal factors including (but not limited to) marital status, level of wealth, whether or not someone has children, charitable inclination, liquidity, and many more. At TCG we take all these variables into account and choose the most appropriate tool for the client’s situation values, and goals.
Examples of commonly used Trusts:
- Revocable Living Trust
- Irrevocable Living Trust
- Irrevocable Life Insurance Trust (ILIT)
- Credit Shelter Trust (Bypass Trust)
- Charitable remainder Trust (CRT)
- Generation Skipping Trust (GST)
- Qualified Personal Residence Trust (QPRT)
- Pot Trust (family pot trust)
- Dynasty Trust
- Grantor Retained Annuity Trust (GRAT)
- Spousal Lifetime Access Trust (SLAT)
- Qualified Terminable Interest Property Trust (QTIP)
- Special Needs Trust
For more detailed information on Trusts and which may be right for you please contact your Estate Attorney and Advisor.