What You'll Learn

In this session, Alan Gassman, JD, LLM will cover these key topics:

1. Revocable vs. irrevocable trusts: benefits and trade-offs.
2. Trust structures for specific goals:
   1. Dynasty trusts for multigenerational wealth preservation.
   2. QTIP (Qualified Terminable Interest Property) trusts for blended families.
   3. Asset protection trusts for shielding wealth from creditors.
3. Tax-saving trusts
   1. Bypass trusts to optimize the use of estate tax exemptions.
   2. Charitable trusts for philanthropic goals and tax benefits.
4. Integrating life insurance within trust structures
   1. Funding ILITs for estate tax liquidity.
   2. Using survivorship life insurance for second-to-die strategies.