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This feature makes the trust “defective,” as all of the income, deductions, and credits that come from the trust must …
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They do the same duties; they have different titles. 4. Revisit your estate plan regularly. Trusts can be arranged in …
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You should also remember that a will alone may not avoid the probate court process after death, especially if you …
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Any assets above the exemption are not subject to estate taxes until the surviving spouse passes away. Testamentary Trust: A …