A possible advantage of setting up a trust is staying away from estate taxes. So long as the trust is irrevocable and you also relinquish Charge of it, it could decrease estate tax liability. But revocable trusts remain Component of the taxable estate. If the plans are more uncomplicated, LegalTemplates https://bookmarklayer.com/story20722459/examine-this-report-on-personal-legal-plans-inc