Types of Trusts

May 11, 2022By KROST Wealth
Types of Trusts

In this article, we’ll dive into more detail about the types of trusts that can be established and the pros and cons. Revocable Trusts Revocable trusts (living trusts) can be changed or canceled at any time by the grantor (trustor, creator), who often acts as the initial trustee. All income generated is reported on your Read the full article…

A Living Trust Primer

March 29, 2021By Phil Clark, CPWA®,CFP®, CLU®
A Living Trust Primer

A living trust is a popular consideration in many estate strategy conversations, but its appropriateness will depend upon your individual needs and objectives. What is a Living Trust? A living trust is created while you are alive and funded with the assets you choose to transfer into it. The trustee (typically, you) has full power Read the full article…