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Jimmy Buffett's ongoing legal battle provides a window into estate planning issues and what Americans should do.
When planning for the future, many people use trusts as a way to manage their assets, avoid probate, and protect their loved ...
Everybody wants a solution, as long as the solution isn’t anywhere near ‘where I live’ or ‘where my business is,’” Apopka ...
Unsuspecting homeowners are discovering their properties have been sold out from under them in a scam that authorities say is ...
James is a successful real estate developer and, with his wife, Ellen, has three grown children. The couple is well-regarded in their community for their generous philanthropic contributions to arts ...
Housing Authority may have violated the Texas Open Meetings Act when it approved controversial workforce housing deals worth $350 million.
Anne, has been receiving checks in an irrevocable trust for more than 20 years. When she was a teenager, her mother set up ...
The grantor’s children can be named trustees in the event of the grantor’s death, allowing them to distribute assets as directed. The trust can also be instructed to donate money to charity or ...
A grantor creates the trust and a trustee oversees the disbursement of assets from the trust. The beneficiary receives the assets. A special needs trust helps cover an individual's financial needs ...
Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud.
Trusts are legal entities used to manage assets on behalf of beneficiaries. A grantor creates and transfers assets to a trust, which legally holds them until they’re ready to be distributed.