The article goes on to explore the non-tax benefits of trust planning. Is this the decade of the trust department? Seems like a record amount of trust topics in the mainstream press lately.
Not long ago, few Americans had access to, or even knew about, financial tools like 401(k)s, college savings plans and reverse mortgages. Today, many families turn to these products without a second thought.
Within a few years, the same might be said for trusts.
Often associated with the vast wealth of families like the Kennedys and the Rockefellers, trusts are finding a place in more Americans' estate plans, no matter what the size of their assets.
Monday, June 26, 2006
Trust planning is hot, hot, hot
The opening paragraphs of this Wall Street Journal article ($) could have been taken from one of Merrill Anderson's newsletters:
Posted by Jim Gust at 9:18 AM