Minor’s Trusts
A gift transfer device that combines the non-tax advantages of a trust with the annual gift tax exclusion is referred to as a “§2503(c) trust” or minor’s trust. The minor’s…
Read MoreLife Insurance Trusts
You may want to set-up an irrevocable life insurance trust. This effective estate planning tool is designed to collect the proceeds of your life insurance from a term insurance or…
Read MoreMedical Directives and Health Care Powers of Attorney
As noted, your estate plan also should include a separate durable power of attorney to give medical directives concerning medical, therapeutic or surgical procedures, including the administration of drugs. This…
Read MoreDurable Powers of Attorney
The Durable General Power of Attorney is a document that will facilitate the management of your assets during your life and in the event you become unable to do so…
Read MoreRevocable Trusts and Funding Your Trust
Revocable Trusts A revocable living trust or revocable trust is a form of “will substitute” that effectively can avoid the costly and very public probate process. The revocable living trust…
Read MoreChoosing Guardians, Trustees and Executors
Choosing guardians for minor children after you are gone is never an easy task. Moreover, selecting individuals or corporate trustees to serve as fiduciaries responsible for managing your assets for…
Read MoreTrustee and Fiduciary Advisory Services
In limited cases, we will serve as trustees and fiduciaries on behalf of selected clients. For example, in the case of life insurance trusts, Odin, Feldman & Pittleman attorneys may serve…
Read MoreTrust Administration
If you have created a trust to handle your affairs during your lifetime, during your incapacity or after you are gone or you are named as a successor trustee under…
Read MoreProbate and Estate Administration
Probate can be a confusing and complicated process if you’re unprepared for what is required: all assets must be fully accounted for and all debts determined. Furthermore, depending on the…
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