Posts Tagged “trust”

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 […]

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Crummey Gifts: Spring Into Action

Posted on March 21st, 2016 by Fenwick

Traditionally, the end of the year is the time when wealthy individuals give gifts to other family members, especially to children who are likely to be in lower tax brackets. Not only does such gift-giving coincide with the holiday season, it also lets you beat the deadline for using the annual federal gift tax exclusion. […]

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