A potential good thing about setting up a trust is preventing estate taxes. As long as the trust is irrevocable so you relinquish Charge of it, it could lower estate tax legal responsibility. But revocable trusts are still Portion of the taxable estate. Welcome to LegalClarity, wherever our group of https://trusted-estate-planning-a39123.blogdosaga.com/38697661/what-does-u-of-a-property-trust-mean