Skip to content
YouTube Twitter RSS
  • Home
  • About
  • Estate Planning
  • Business Planning
  • Tax
YouTube Twitter RSS
Patrick D. Newton, P.C.
Family Wealth & Business Counsel
Skip to content
  • Home
  • About
  • Estate Planning
  • Business Planning
  • Tax
Home Estate Planning Archive by category "Irrevocable Trusts"

Category: Irrevocable Trusts

Trust Owned Life Insurance Reviews

Patrick July 9, 2016 July 12, 2016Estate Planning, Insurance, Irrevocable Trusts

If you are the Grantor or Owner/Trustee of a Trust Owned Life Insurance (TOLI) policy, chances are that you have not reviewed your trust or the insurance policies owned by the trust on a periodic basis to make sure to make sure that the insurance policy is not at risk. …

Continue reading

Spousal Gift Planning

Patrick July 9, 2016 July 12, 2016Estate Planning, Estate Tax, Gift Tax, Irrevocable Trusts, Tax

People with potential taxable estates should consider maximum utilization of the Annual Exclusion. The Annual Exclusion is an amount a person (the Donor) can give to another person (the Donee) without any gift tax consequences. The current Annual Exclusion amount is $14,000 per Donee. So you could give 10 people …

Continue reading

Irrevocable Life Insurance Trusts (ILITs)

Patrick July 9, 2016 July 12, 2016Estate Planning, Estate Tax, Gift Tax, Insurance, Irrevocable Trusts, Tax

An ILIT is just an irrevocable trust that holds life insurance. An ILIT is used to make the death benefit escape estate tax. Life insurance already escapes income tax. Avoiding both tax systems can make life insurance a very attractive investment for the future of your family. With the estate …

Continue reading

Beneficiary Controlled Trusts

Patrick July 9, 2016 July 12, 2016Estate Planning, Irrevocable Trusts

What is a Beneficiary Controlled Trust? A Beneficiary Controlled Trust is an estate or gift tax planning technique where parents leave property to their children in a trust rather than outright. As the name implies, the child-beneficiary is the trustee of the trust. Thus, the Beneficiary Controlled Trust. Why are …

Continue reading

  • YouTube Twitter RSS
  • Browse Categories

    Business Planning End of Life Planning Estate Planning Estate Tax Gift Tax Insurance Irrevocable Trusts Living Trusts Living Will LLC Tax Trust Funding
  • Search

  • Home
  • About
  • Estate Planning
  • Business Planning
  • Tax
This text can be changed from the Miscellaneous section of the settings page.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, cras ut imperdiet augue.
Powered by Nirvana & WordPress.
YouTube Twitter RSS