What is an Estate, How Irrevocable Trusts Affects Elder Care, and Comparisons of Different Asset Protection Tools What’s an Estate? Now I would like to talk to you about what is an estate. An estate is everything that you own on the date of your death. The fair market value of that asset, your stocks, whatever it is worth on the date of your death, or…
Irrevocable Trust Leader: Top 10 Reasons Ultra Trust® offers Superior peace-of-mind The top ten reasons why we offer Superior: Statutory Basis. The Ultra Trust® irrevocable trust is supported by state and federal statutes all across the U.S. Laws supporting the Ultra Trust®. Trust Flexibility. The terms, conditions, and beneficiaries of the Ultra Trust® can be changed, and the assets can be returned to you without any…
What do you mean, I Shouldn’t be the Trustee of “my own” Irrevocable Trust? Have no discretion as the trustee with regard to trust asset distributions. Being trustee of your own trust can undo what the purpose of the irrevocable trust should be doing; this is, protecting your assets. We understand the confusion. Some lawyer told you that you could be your “own trustee.” At Estate Street…
