If you're planning to leave wealth to your grandchildren, there's a tax you should understand first. The generation-skipping transfer tax (GSTT) can surprise families who try to pass assets down more than one generation. Understanding how GSTT works The GSTT applies...
Month: April 2025
What are the key benefits of revocable trusts?
Revocable trusts offer flexibility and control in estate planning. Unlike irrevocable trusts, you can modify or dissolve a revocable trust at any time. This provides you with the ability to maintain control over your assets and ensure smooth estate distribution after...