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Type of Trusts

Type of Trusts

There are two basic types of trusts: living trusts and testamentary trusts. A Living Trust or an “inter-vivos” trust is set up during the person’s lifetime. A...

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Over 18? Don’t Wait. Estate Planning Is for Everyone

You may think that estate planning is something you can put off until you’re older – maybe a lot older. But if you’re over 18, it’s never too soon to take this important step toward safeguarding the future for yourself and those you love. At Sussan, Greenwald &...

Here Comes the IRS: Consider the Advantages of a Trust

With tax season upon us, we thought March would be a good time to share a brief overview of some tax benefits that come with the main types of trusts. In general, one of the main tax benefits of trusts is that the beneficiary is not subject to a large amount of...

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