A will speaks only at death. It offers no help if someone becomes ill or is unable to manage finances. Separate documents, such as a durable power of attorney, must fill that gap. A living trust names ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. One of the trends we observe at Prairie Financial Group is ...

Trust word written on wooden block. Building trust business concept. The recent Chief Counsel's Memorandum 202352018, issued by the IRS, has brought about a significant change in the treatment of ...

In Chief Counsel Advice 202352018 (Dec. 29, 2023) (the CCA), the Internal Revenue Service concluded that the beneficiaries of an intentionally defective grantor trust (IDGT) made a taxable gift for ...

On March 28, the Biden administration released its second set of desired revenue-raising proposals in General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals, (the 2023 Green ...

In July 2024, Pennsylvania Governor Josh Shapiro signed the Pennsylvania Directed Trust Act, Senate Bill 1231 (now part of Act No. 64 of 2024, sponsored by Senator Lisa Baker), into law, making ...

NEW YORK--(BUSINESS WIRE)--Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Kimberly Rescorla has been named as director of ...

Trusts are not exclusive to the ultra wealthy. In New Hampshire and elsewhere, they are practical tools used by families of all sizes to manage assets, protect beneficiaries, and preserve wealth over ...

Given the recent heightened focus of government on trusts (such as the Master of the High Court, the Financial Intelligence Centre (FIC), and the South African Revenue Service (Sars), all of a sudden ...