Annuities

An annuity is a contract between you, the contract owner, and an insurance company for a fixed or increasing payment. The contract owner contributes funds to the annuity in exchange for an income stream for a specified number of years, for life, or for the joint lives...

Charitable Lead Trust

The Charitable Lead Trust is a type of charitable trust that can reduce or virtually eliminate all estate tax on wealth passing to heirs. In order to accomplish this goal, you create a trust that grants to a charity or charities, for a set number of years, the first...

Stand-Alone Educational Trust

A Stand-Alone Educational Trust is a type of trust that can pay for educational expenses, solve income tax issues, and provide an important piece of your estate plan. These trusts are specifically designed to manage socalled 529 plans, named after the Code section...

Young Person’s Trust

As the custodian of UTMA or UGMA assets, you are responsible for investing those assets for the child’s benefit. However, once the child attains 21 years (18 in some states), that child has the absolute right to control these assets – and do with them...

The Private Family Foundation

A private foundation is a non-governmental, nonprofit organization having a principal fund of its own, managed by its own trustees or directors, and established to maintain or aid social, educational, charitable, religious or other activities serving the common...