Posts Tagged “income tax”

Should You Turn Off A Trust?

Posted on September 20th, 2016 by Fenwick

It may have been advantageous for you to set up a trust years ago, but suppose your circumstances have changed. Are you unconditionally locked into the trust for a term of years or could you undo it? And, if it is legally permissible to shut down the trust, should you do it? The first question […]

Read More

Here’s A Fast And Easy Way You Can Supplement A Will

Posted on September 20th, 2016 by Fenwick

Do you want to provide guidance above and beyond the terms of your will? You can use “letters of instructions” to fill the gaps. Although such documents aren’t legally binding, they still can be helpful. Here are several issues you might address in this way: A letter could detail an inventory of your assets, including […]

Read More