The private discretionary trust is the most widely known form of trust where trustees are given a fund of money to manage and distribute amongst certain named or described beneficiaries who are ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Among the changes is the “Noncharitable Trust without Ascertainable Beneficiary,” which allows you to set up a trust for a specific purpose without naming a beneficiary. SDI Productions / Getty Images ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change ...

At the 57th Annual Heckerling Institute on Estate Planning in Orlando, Fla., Amy K. Kayuk of McDonald & Kanyuk, PPLC in Concord, N.H. discussed trust jurisdictions issues in her session, “It’s a Nice ...

Briefing Summary: The Bermuda purpose trust is an effective and flexible tool which can be useful in a number of different scenarios. Having been widely used in the private wealth context for some ...

When most people set up trusts, it’s to avoid taxes as they pass wealth to descendants. Not Grand Central Bakery. It’s setting up a trust to keep the company from ever being sold and to preserve its ...