Estate Planning

Are Trusts Only for the Rich?

January 4, 2015Estate Planning

There are certain misconceptions that circulate with regard to estate planning. One of them is the belief that trusts are only useful for very wealthy people. High net worth individuals do have a unique set of estate planning concerns. Asset transfers that exceed the amount of the federal estate tax exclusion can be taxed at a maximum rate of 40 percent. At the time of this writing late in 2015, the estate tax exclusion stands at $5.43 million, but it is going up to $5.45 million next year … [Read more...] about Are Trusts Only for the Rich?

Learn the common reasons you need to not only build and protect your hard-earned money, but transfer it with as little depletion and expense as possible.

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