What to Remember: Picking a competent and trustworthy trustee is crucial since they will have total control around the administration and distribution of your trust’s assets. Transfers to an irrevocable trust are gifts towards the beneficiaries. The grantor’s gift tax once-a-year exclusion or lifetime exemption may be used in order https://bookmark-vip.com/story20716690/trusts-and-financial-planning-an-overview