A potential good thing about setting up a trust is steering clear of estate taxes. Given that the trust is irrevocable so you relinquish Charge of it, it might lessen estate tax legal responsibility. But revocable trusts remain part of the taxable estate. Transfers to an irrevocable trust are items https://a-b-trusts-in-estate-plan85161.blogsvirals.com/37539419/the-2-minute-rule-for-trusts-estate-real-estate-planning