A possible advantage of setting up a trust is averting estate taxes. As long as the trust is irrevocable and you simply relinquish Charge of it, it may decrease estate tax legal responsibility. But revocable trusts are still Portion of the taxable estate. Health savings accounts or health-related personal savings https://elliottltpjd.wikikali.com/1809745/what_does_u_of_a_property_trust_mean