Creating a trust as part of your estate plan is something you might consider if you'd like to ensure that your assets will be managed according to your wishes after you're gone. When you establish a ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

My brother left his 401(k) account to a trust, with my sister and I as the trust beneficiaries. She was older than he was, and I was two years younger. How quickly must we empty the trust? When a ...

Dear Quentin, I have a very modest sum in my CD, checking, and savings accounts (approximately $150,000). I have set up a payable on death (POD) designation on all of these accounts.  I have named my ...

Discover how a marital trust can offer tax benefits, avoid probate, and ensure asset distribution to a surviving spouse or ...

It is a basic principle of the income tax that the gain or loss realized by a taxpayer from the conversion of property into cash, or from the exchange of property for other property that differs ...

While the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) significantly limited the income tax-deferral opportunities for most inherited IRA beneficiaries, this ...

Trusts are surging in popularity as a way to avoid inheritance tax, according to new government figures and financial ...

Under the SECURE Act, disabled beneficiaries can stretch out inherited retirement account distributions beyond 10 years, provided their life expectancy is longer than the default 10-year rule.

Creating a trust as part of your estate plan is something you might consider if you'd like to ensure that your assets will be managed according to your wishes after you're gone. When you establish a ...