Media titan Rupert Murdoch is in court in Nevada trying to do something you’re not supposed to be able to do: change an irrevocable trust. In the estate-planning world, an irrevocable trust is the ...

Learning the differences between revocable and irrevocable trusts can help you strengthen your estate plans. Many, or all, of the products featured on this page are from our advertising partners who ...

On the surface, the difference between revocable and irrevocable trusts couldn’t be any more straightforward. You can change your revocable trust whenever and however you choose. You can’t change your ...

Q. I feel I was taken advantage of to the tune of $3,500 when I set up a trust. I have simple assets and will leave equal shares to my two children. Now I can’t seem to get my house deed out of the ...

Dear Liz: What is the difference between a revocable trust and an irrevocable trust? Which one is better? I am a widow with two sons who will inherit my estate. My net worth is $1.4 million, including ...

An irrevocable trust is an essential tool in the kit of most estate planners, not only for sheltering assets from future estate tax, but for protection from potential creditors and lawsuits. Depending ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change ...

For an irrevocable trust, flexibility may be possible, but it comes at a steep cost in time, effort and money.(Courtesy / Getty Images/iStockphoto) How do you spell “relief” in 2021? F-L-E-X-I-B-I-L-I ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

If the assets of an irrevocable grantor trust are not included in grantor’s gross estate upon his or her death, those assets do not get a Sec. 1014 basis step-up, the IRS clarified Wednesday in Rev.

When a listener named Kim wrote to Suze Orman's "Women & Money" podcast, she shared a common concern: Her family was overwhelmed by estate planning. Kim explained that her parents were considering ...