The Estate Law Library
Estate Planning
What’s A/B Trust? What’s Clayton QTIP?
WHTA’S A/B TRUST? WHAT’S CLAYTON QTIP? A/B trusts and Clayton QTIP are estate planning tools that can help couples reduce estate taxes and preserve their assets for their heirs. Here is an overview of each trust: A/B Trust: An A/B trust, also known as a bypass trust...
Why Do We Need an Estate Planning
Struggle Without Estate Planning - Emily and Her Father’s Story Emily lives with her father. Their family is not particularly rich and doesn’t have many assets. Emily’s father was hospitalized following a car accident and is incapacitated. Because Emily’s father...
Why Do You Need Estate Planning?
Help Your Loved Ones with an Estate Planning Expert Everyone in the U.S. has health insurance, rental insurance, and car insurance but rarely have estate planning. We have health insurance not because we will see doctors tomorrow, that’s called insurance....
6 Steps for Lifetime Asset Protection Trusts
What is a Lifetime Asset Protection Trust? A lifetime asset protection trust (LAPT) is a type of irrevocable trust that is used as an estate planning tool to protect assets from potential creditors while allowing the grantor (the person who establishes the trust) to...
A/B Trusts & Clayton QTIP Estate Planning
A/B trusts and Clayton QTIP are estate planning tools that can help couples reduce estate taxes and preserve their assets for their heirs. Here is an overview of each trust: A/B Trust: An A/B trust, also known as a bypass trust or a credit shelter trust, is a...
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