Derek S. Questions Gary Quackenbush about Estate Planning and Trusts.
Listen to get Derek’s perspective on Estate Planning and...
Read MoreEstate Planning – Difficult Decisions Day
Who should be my Trustee? Who should be the Guardian? Gifts to charity. How to “control” distribution- based on age, maturity, or other criteria Is it a good idea to try control distribution? – Or just let them have it all at once? Options for Successor Trustee and Guardian Family or Friend Professional – Private fiduciary or Institution? Distribution Options: Sprinkling Staged @ ages, @ life stages, @ accomplishments, @ land-marks Pooled Trust Successor Trustee’s discretion Words, words, words – how to get it all written...
Read MorePutting Property in Your Living Trust (Trust Funding)
The process of putting your property into your Living Trust is called “funding” The process of putting your property into your Living Trust is called “funding”. To be vaild, a Trust must be funded. If your Trust is not funded, it is invalid. If you become incapacitated or die before you transfer property to the Trust, your heirs (family) will need to go to Probate Court to have a Judge determine if the Trust is valid. You can avoid this mess if you fund your trust.Learn about trust funding by listening to this blog post radio show or visit GQ Law for a free...
Read MoreNot Filing Taxes Could Get You in Trouble with IRS says Gary Quackenbush Tax Expert
Gary Quackenbush on NBC TV with Consumer Bob CONSUMER BOB HELPS TO SAVE YOU MONEY AND TIME Not Filing Taxes Could Get You in Trouble with IRS Here is the link to a TV show Gary was on with Consumer Bob. The question was whether the IRS would catch up to you if you did not file a tax return. The answer may surprise you. LINK – Quackenbush on TV with Consumer Bob – Late Filed Taxes – 2 minute video...
Read MoreFunding Living Trusts- A Major Problem
Funding Living Trusts- A Major Problem Lately I’m finding many people with un-funded trusts (meaning nothing was put into the Trust). Some are not funded due to refinancing or new purchases while others were never funded, or not prepared properly. No matter what your situation, funding living trusts is important. Why Is An Un-Funded (empty) Living Trust a Problem? Without proper funding, the Trust us is invalid. It simply won’t work or do what you think it should. It is very expensive to fix or fund a Trust after death. To do so requires court involvement and lots of time and...
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