Wills and trusts are both of those crucial factors of estate planning and there is a specific degree of crossover inside their powers and outcomes, but they also have some crucial distinctions: Transfers to an irrevocable trust are gifts towards the beneficiaries. The grantor’s gift tax annual exclusion or lifetime https://plans-trusts95825.wikicorrespondence.com/6050361/qualified_personal_property_trust_an_overview