What is a credit shelter trust? If you are the beneficiary of a family trust, like a revocable trust Boca Raton which becomes ir-revocable upon death and administers or runs your inheritance. There is a new, free, credit shelter trust video you can view online. If you are a beneficiary of a trust Palm Beach, here is the link if you want to view the Florida trust video: https://www.youtube.com/watch?v=y80JuHvVlqk&feature=youtu.be Why do credit shelter trusts matter? Many estate planning lawyers, and definitely will and trust attorneys Palm Beach, all writerevocable trusts for their Palm Beach Gardens estate clients The revocable living trust has become the main way to leave inheritances and give away your wealth Revocable trusts are popular with estate lawyers who write trusts, can be writtenquickly, and are now widely understood & accepted In other words, revocable living trusts are not just for the super wealthy or celebrities anymore At the death of the creator of the revocable trust, also called a living trust by many probate lawyers Delray Beach, one’s “typical” revocable trust gets split into two sub trusts: 1 of the family trusts is often referred to as a Marital Trust and one is often referred to as the Credit Shelter Trust What is a credit shelter trust? Think of a credit shelter trust as a basket of estate tax free assets A credit shelter trust is typically funded with the largest amount of money you can leave at your death free of the US Estate Tax Now, […]