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Posts Tagged ‘living trust’


Deductible Legal Fees and Other Professional Fees

Don’t forget about legal fees and other professional fees when preparing your federal income tax return. Some fees incurred in creating and implementing an estate plan are deductible and some are not. Some charges incurred in creating and implementing an estate plan — including attorney’s fees — are considered personal expenses, so you cannot deduct [...]

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Funding Your Living Trust

If you have a revocable living trust, it is crucial that you understand the importance of trust funding in order to avoid the unintentional expense of probate. As you may know, one of the benefits of having a living trust is to avoid probate. But having a signed living trust does nothing for you unless [...]

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© 2007 - 2010 William E. Griffith, Jr., CFP - All Rights Reserved.