February 28, 2017 by Stephen Lasky
A trust is “revocable” if the terms of the governing instrument allow the trust settlor to amend the trust’s terms, or cancel (revoke) the trust or remove property from the trust without the approval or consent of a third party (e.g., trust beneficiary, a court). Conversely, a trust is “irrevoca
February 01, 2017 by Moertl, Wilkins & Campbell, S.C.
When a family member passes away, grieving relatives do not typically contemplate the decedent’s basic tax reporting obligations.