Living Trust. Download online state specific estate planning (revocable living trust) documents. Void Probate
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To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you
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Can a Living Trust reduce estate taxes.
A simple Probate-avoidance Living Trust has no effect on taxes. More complicated Living Trusts, however, can greatly reduce the federal estate tax bill for people who own a lot of valuable assets.
One tax-saving Living Trust is designed primarily for Married Couples with children. It's commonly called an AB trust, though it goes by many other names, including "credit shelter trust," "exemption trust," "marital life estate trust" and "marital bypass trust." Each spouse leaves Property, in trust, to the other for life, and then to the children. This type of trust can save up to hundreds of thousands of dollars in estate taxes, money that will be passed on to the couple's final inheritors.
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Return to all Living Trust legal information
Legal Articles about Living Trust
Living Trust Frequently Asked Questions
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