Trusts

Guide

How To Give Your Kids Your House

Pros and Cons of Making Junior Your Landlord

You've decided to pass your home on to your children, but you haven't settled on the best method to transfer ownership. You are also questio...

Upvote 0

Mortgage Refinance Borrowing Estate Planning Investing & Retiring

Guide

QTIP Trusts 101

How to Control Assets After You Die

A QTIP in the financial field refers to Qualified Terminable Interest Property, a definition used in forming a special type of trust. QTIPs ...

Upvote 0

Estate Planning Investing & Retiring Trusts

Q&A

Asked by Sadi

My son was left a UTMA bank account by his grandmother.

Upvote 5
Answers 2

Answered by Prateek Mehrotra
Financial Adviser in Appleton, WI

I would go back to his grandma's tax return and trace the annual 1099 interest report and get the account number from that before contacting the bank. Keep in mind ...

Banking Investing & Retiring Banks Trusts

Q&A

Asked by Tony

What are Trust Deeds, and are they conservative investments?

Upvote 3
Answers 1

Answered by James P. Dowd, CFA
Financial Adviser in San Francisco, CA

Trust deeds are not a conservative investment. They are private securities, they are illiquid, and the relative value depends upon the credit worthiness of the borrowe...

Investing & Retiring Trusts Other Investments

Guide

ILIT 101

All About Irrevocable Life Insurance Trusts

Written by Dan Crimmins
Financial Adviser in Woodcliff Lake, NJ

Upvote 9
Comments 40

Life Insurance Estate Planning Insurance Investing & Retiring

Guide

Medicaid Asset Protection Trusts 101

Help for Long-Term Care for Seniors

You may have saved diligently for retirement and managed your money well, but in the end, long-term care costs can derail your plans and qui...

Upvote 0

Insurance Investing & Retiring Medicaid Trusts

Q&A

Asked by Martha

If I set up a Living Trust, can I still transfer property in and out of the trust?

Upvote 4
Answers 1

Answered by Prateek Mehrotra
Financial Adviser in Appleton, WI

Martha, The answer to your question is Yes. Most of us make more than one will during our lifetimes; circumstances change, and our estate planning needs to chan...

Estate Planning Financial Planning Investing & Retiring Trusts

Q&A

Asked by an anonymous user

How would I benefit by investing $5,000 into a Real Estate Trust, including tax breaks?

Upvote 0
Answers 1

Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC

Hi anonymous, We get this one quite often. Some better questions to ask: How much liquidity does the REIT have? Do you understand REIT investing? What is your t...

Investing & Retiring Trusts

Guide