See Through Trusts
The advantages of using a trust as a designated beneficiary of an IRA (or creating a See Through Trust) are that they allow spendthrift, [...]
1031 Exchanges and RP Partnerships – Swaps and Drops
The IRS allows Partnerships or LLCs to defer the recognition of gain in the exchange of property of like kind. However, where two partners [...]
The Nutty Estate
Jerry Lewis' Sons Left Out in Cold - The Nutty Professor did not leave a dime to his six sons and instead left [...]
Prince’s Vault Robbed?
The rights to Prince's unreleased music sold for $30 million to Universal Music, but critics claim the collection is worth much more. Prince’s “vault,” [...]
Shielding Investor Property Sales from Capital Gains Tax: DST in 1031 Exchange
Delaware Statutory Trusts allow investors to shield investment property sales from capital gains tax. The participant must invest in a property that costs at [...]
Advantages of Trusts over Wills
Trusts are used for many purposes, including dividing ownership of property. Trustees are the legal owner and may control the property. The beneficiary holds the right [...]