A possible good thing about setting up a trust is steering clear of estate taxes. Provided that the trust is irrevocable so you relinquish Charge of it, it may lower estate tax liability. But revocable trusts remain Portion of the taxable estate. Marital Disclaimer Trusts: To create a marital disclaimer https://rowanzocpc.therainblog.com/37840229/rumored-buzz-on-personal-trusts-estate-planning