A special needs trust (SNT) and an Achieving a Better Life Experience (ABLE) account each provide a tax-free way for people ...

Irrevocable trusts offer nearly endless possibilities for high-net-worth individuals to reduce their estate taxes and protect ...

Fiduciary duty obligates a professional to act in the client’s best interests. This can apply to financial advisors, ...

Instead, a third-party trustee manages the assets without disclosing or consulting the grantor or beneficiary about the specific investments or transactions. A blind trust can be revocable ...

A trust is a legal arrangement created to hold and manage assets on behalf of someone else, known as the beneficiary. The trustee is the person or entity responsible for managing trust assets.

Settlors initiate and fund revocable trusts, crucial for asset distribution without probate. They must manage trust assets, define rules, and handle taxes on trust income. Settlor errors like not ...

The primary purpose of an irrevocable trust is to remove the transferred assets from the grantor’s estate, which can provide ...

Recently (it was probably a bad weather day), I found myself leafing through parts of the Colorado Revised Statutes dealing with fiduciaries. I came upon a statute called the Uniform Prudent ...