by FamilyTrust | May 15, 2014 | Estate Planning, Famous Estates, Trust & Estate Blog
We have all read stories of movie stars, athletes, and other celebrities shoved into the spotlight of fame and wealth, only to end up broke after a successful career because they did not plan for their economic future. One good example is former NBA Rookie of the Year...
by FamilyTrust | Apr 10, 2014 | Family Trusts, Famous Estates, Irrevocable Family Trust, Irrevocable Trusts, Revocable Living Trust, Revocable Trusts, Taxes, Trust & Estate Blog
We have previously discussed how important it is to set up a Family Trust to protect your assets and legacy for your heirs. However, choosing the type of trust to create is equally as important, as the heirs to pop superstar Michael Jackson’s estate are finding...
by FamilyTrust | Mar 10, 2014 | Family Trusts, Famous Estates, Trust & Estate Blog, Trustees
An ongoing battle in the Georgia courts surrounding the estate of O. Wayne Rollins, the late co-founder of Rollins Inc., a large pest control corporation, illustrates that having a Family Trust in place at the time of your death will not guarantee an easy transition...
by FamilyTrust | Sep 10, 2013 | Do-It-Yourself Estate Plan, Family Trust Documents, Set Up Family Trust, Trust Tax
To help you set-up an irrevocable family trust, here are a few IRS links for information about acquiring a Taxpayer Identification Number (TIN) and for downloading the required W-9 form: U.S. Taxpayer Identification Number Requirement Taxpayer Identification Numbers...
by FamilyTrust | Sep 5, 2013 | Wills and Trusts
Most clients will instinctively favor the revocable version. After all, why should they want to put their money into something they can never change, when they could put it into something they retain control over — and can even cancel altogether … Read more:...
