Living Trust Inheritance Tax

by Peter John Lasting Power of Attorney Guidance

IWC Probate and Will Services can provide expert advice on using living trusts as a strategy for minimizing inheritance tax liabilities. They can assist individuals in setting up and managing living.

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Review on Living Trust Inheritance Tax

The beneficiary may choose to transfer all or a portion of their estate interest once the agreement is executed. People typically give their estate interest to a trust, charity, or other third party. Normally, a probate deed of variation results in a gift from the original beneficiary to the new beneficiary. Despite the fact that this document could seem helpful, if utilized incorrectly, there could be unintended tax consequences.

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