Editor’s note: This is part three of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

You always want to ensure your trust is aligned with your current situation and wishes. A simple amendment might do the trick ...

Revocable trusts allow you to retain control of all the assets in the trust, and you are free to revoke or change the terms of the trust at any time. With irrevocable trusts, the assets in it are ...

If both Wills are executed around the same time, there’s a risk of revocation conflict. To prevent this, revocation clauses in both Wills are crucial and must be carefully coordinated. A clause that ...