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Can a Living Trust reduce estate taxes.


A simple Probate-avoidance Living Trust has no effect on taxes. More complicated Living Trusts, however, can greatly reduce the federal estate tax bill for people who own a lot of valuable assets.
 
One tax-saving Living Trust is designed primarily for Married Couples with children. It's commonly called an AB trust, though it goes by many other names, including "credit shelter trust," "exemption trust," "marital life estate trust" and "marital bypass trust." Each spouse leaves Property, in trust, to the other for life, and then to the children. This type of trust can save up to hundreds of thousands of dollars in estate taxes, money that will be passed on to the couple's final inheritors.
 
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Problems solved by estate planning  

Problems Solved by Estate Planning

A living trust can solve many of the problems encountered in estate planning. Some ...
Try to avoid probate with Living Trust  

Try to Avoid Probate with Living Trust

First of all, what is probate? We've heard various things about probate and we pretty ...
The AB living trust saves taxes  

The AB Living Trust Saves Taxes

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Liz Weston: Social Security lets you rescind retirement to avoid benefit hit

OregonLive.com
Social Security recipients can withdraw their applications, allowing their benefit to continue growing, if they do so within 12 months of becoming entitled to benefits. Those who do have to pay back any benefits they received in ... My wife was ...
Liz Weston: Social Security lets you rescind retirement to avoid benefit hit

Thanks, Congress. Wealthy investors hold off on estate tax planning

CNBC
Well-to-do investors can blame Congress for having to hit the pause button on planning that could save their families a bundle on estate taxes. Tax policy is intrinsically tied to the Republicans' health-care bill, as the plan to undo Obamacare ...
Thanks, Congress. Wealthy investors hold off on estate tax planning
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