Trusts are great for Estate Planning
- 8gmdd2
- Feb 17, 2021
- 1 min read
Updated: Feb 28, 2021
Trusts are a terrific estate planning tool because:
1. No estate administration tax: the 1.5% probate fee may not apply to trust assets
2. Continuity: the trustees may continue the administration and distribution of assets without interruption or court application
3. Incapacity: alternate trustees can seamlessly step in to help administer trust assets if and when a trustee experiences incapacity
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