Trusts Not Just For The Rich

These aren't the best of times for high-end estate planning, what with the unknown future of federal estate taxation. Everyday estate planning is another story. How best to provide for an aged parent? Stepchildren? Children from a prior marriage? Individuals with disabilities? Spendthrifts? The list goes on….

As this column from the Sunday paper suggests, trusts are basic estate planning tools. And isn't it nice to see a plug for corporate trustees?