A potential good thing about setting up a trust is keeping away from estate taxes. Assuming that the trust is irrevocable and you also relinquish Charge of it, it could minimize estate tax legal responsibility. But revocable trusts are still A part of the taxable estate. A living trust is https://form-a-trust-online-with10627.wikiusnews.com/1950297/trusts_and_estate_planning_for_dummies