Jason Hallmark and David Cusack continue their discussion on estate planning. In this episode, they go beyond the basic documents and explain why trusts exist, what problems they solve, and when additional estate-planning strategies become worthwhile.
We answer such questions as:
- What is a trust? What does it do?
- Why would anyone willingly give up control of their money?
- What about situations involving blended families, or special needs children?
- Are Estate Taxes a concern?